If you're frustrated by the lack of significant movements and results in your forex trading, it's time to discover the power of the descending triangle pattern. This tool allows you to identify ...
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 ...
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 ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
ASTER fell 32% in the past week, breaking support at $1.60 and completing a descending triangle pattern. Technical setup points to a potential drop toward $1.20, aligning with the lower boundary of a ...
In prior posts we’ve noted copper is key to divine where the Chinese and global economy are headed. It was down almost 2 percent today and at key short-term support and its 200-day moving average.
TRX struggles to break out of a descending triangle after hitting $0.44 in December. The IOMAP reveals that the altcoin could encounter a sell-wall as it gets close to $0.25. If TRX’s price faces ...
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