Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...
Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern. As the name indicates, an ascending triangle on a ...
After a big rally, gold is consolidating in a triangle. On a 60-day percentage change basis, gold and the S&P are the most inverse in several years. A new leg up in gold would probably be accompanied ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
Tesla with ticker TSLA has been trading sideways since 2021, which we see it as a consolidation within bullish trend, ideally as a larger bullish triangle pattern in wave IV that can send the price ...
Correction Targets $1.90 Support Zone for Potential Reversal. Breakout Above $2.28 Signals Renewed Bullish Momentum. Volume Confirmation Critical for Validating Directional Breakout. XRP has entered a ...
The Dow Jones Industrial Average’s early attempt to wipe out the bearish “symmetrical triangle” pattern failed miserably, suggesting a breakdown, and eventual new lows, may be looming. Symmetrical ...
While many financial markets — from tech stocks to cryptocurrencies — have experienced wild gyrations over the past year or so, gold has barely gone anywhere. Gold’s lackluster performance is even ...
Technicians are all agog today about a triangle pattern in the S&P 500 that could mean a big breakout to the upside. The pattern is clear enough that even MarketBeat can see it, so there's no doubt it ...