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 ...
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 ...
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.
ETH consolidates within a bullish symmetrical triangle. A break above $2,620 could confirm a bullish phase. The first rally target is $3,500 if momentum sustains. Ethereum’s price currently sits at a ...
Japan's markets re-open tomorrow. Since their markets closed on September 18, the US 10-year Treasury yield has eased 5 bp and the S&P 500 is off about 3%. Both of these forces point to a lower dollar ...
Dogecoin has entered a crucial trading phase after forming a symmetrical triangle pattern that analysts say could spark a 40% price move in either direction. The meme coin, which has gained global ...
Natural gas turns down and drops to a five-day low as heads towards a test of support at the lower boundary line of a symmetrical triangle. At this time of this writing the low for the day was 1.63, ...
Gold sees bullish follow through after yesterday’s breakout of a large symmetrical triangle consolidation pattern. So far, it is acting in a way that is very supportive of a bullish outlook. The ...
Dogecoin is stabilizing near $0.170 after a sharp reversal from session lows, showing signs of accumulation as macroeconomic tensions rattle global markets. The meme cryptocurrency found strong ...
XRP posted a 4% gain during the 24-hour trading window from July 22 at 03:00 to July 23 at 02:00, with prices moving between a low of $3.42 and a high of $3.57 before closing near $3.51. The move ...
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