Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
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 ...
We've looked at reversal patterns (head and shoulders pattern and inverse head and shoulders pattern). In this lesson, we cover continuation patterns, specifically the symmetrical triangle pattern.
Buy the EUR/USD pair and set a take-profit at 1.1750. Add a stop-loss at 1.1550. Timeline: 1-2 days. Bearish view Sell the EUR/USD pair and set a take-profit at 1.1550. Add a stop-loss at 1.1750. The ...
Ethereum (ETH), and Ripple (XRP) are holding steady on Wednesday after recording minor gains on the previous day. Technically ...
After marking yesterday’s closing near 1.1374 level, the Euro pair was trading 0.09% lower at around 15:18 GMT. The economic docket contained numerous low-volatile EUR-specific events throughout the ...
XRP (XRP) looks poised to rise 60% in the coming days after breaking out of its prevailing symmetrical triangle pattern. The ...