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 ...
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 ...
One of these complex yet beneficial techniques is the triangle. As a continuation pattern, the triangle is used to analyze ongoing market trends. This ubiquitous shape appears when there is indecision ...
Technical analysis is one of the most important financial market trading aspects. The analysis sees traders leverage various indicators and study price patterns to try and understand price action to ...
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 ...
Trading in SoFi Technologies, Inc. (NASDAQ:SOFI) is quiet on Tuesday. But the stock may be on the verge of a breakout. A classic ascending triangle pattern has formed on the chart. This is a bullish ...