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 ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
When it comes to forex trading, understanding market movements and price trends is essential for success. One of the most effective tools traders use to navigate this landscape is chart patterns.
Traders often use the cup and handle pattern in technical analysis to look for possible bullish continuing patterns in the market. This pattern has a cup-shaped shape at the beginning, followed by a ...
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 ...
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 ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. A strong gap-up Tuesday morning started a bullish yet concerning trend north that lasted the entire day. Most ...
Alcoa shares triggered a bull flag breakout, reclaiming key moving averages and confirming a trend reversal, with higher ...