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 used in technical ...

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 ...

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 ...

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 ...

The symmetrical triangle pattern is a technical analysis formation characterized by two converging trendlines that connect a ...

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 ...

There are two types of triangles: symmetrical and ascending. The ascending triangle is also called a bullish or rising triangle when the uptrending price action forms the shape. Conversely, the ...

USD/CAD breaks out of a large symmetrical triangle price pattern, activating upside targets. Though it has backed and filled since the break, the probabilities favor a continuation higher. A break ...