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A triangle chart pattern is a tool used in technical analysis. Named for its resemblance to a series of triangles, the triangle chart pattern is created by drawing trendlines along a converging ...
Recognizing chart price patterns is an important aspect of technical analysis that Forex traders should master. These patterns act like a highlighter on the chart showing a potential trade. The ...
It’s tracing out a descending triangle chart pattern, which usually resolves in a bearish move. If 3.70 on the nearest contract breaks, one more reason to play better defense.
Dear traders, XAU/USD (Gold) is moving sideways in a triangle chart pattern. The ABCDE waves (blue) are expected to be completed soon. The XAU/USD (blue) could be in ...
The S&P 500 is trading at new highs. GBPJPY is highly correlated to the S&P 500, but has not broken out of a triangle. GBPJPY has just rebounded from the daily 23.6% Fibonacci level which is ...