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 ...
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 ...
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 ...
Gold (XAUUSD) forms multiple bullish hammer patterns at the support of the ascending triangle. Silver (XAG/USD) breaks above the neckline of the cup pattern at $37. US Dollar Index (DXY) rebounds from ...
Master stock chart patterns with Interactive Brokers as your online stock broker. Stock chart patterns are tools that traders and investors use to understand how the market is performing. They provide ...
Lately, we've been looking at the S&P 500 from a daily perspective; making note of the basing price action taking on the shape of a continuation-style inverse head-and-shoulders pattern. The ...
Today I want to build off of a previous article of mine, and elaborate on specific technical analysis patterns. The best technical analysis patterns will not only be relatively easy to spot, but also ...
A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...