When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...

Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...

-- Sell the GBP/USD pair and set a take-profit at 1.3150. -- Add a stop-loss at 1.3325. -- Timeline: 1-2 days. Bullish view -- Set a buy-stop at 1.3275 and a take-profit at 1.3350. -- Add a stop-loss ...

The USD/MXN exchange rate has recently pulled back, ending the strong Mexican peso sell-off a few weeks ago. It retreated ...

A key price pattern has emerged on bitcoin’s BTC $108,033.92 price chart, hinting at a potential pullback ahead. The cryptocurrency has rallied from $60,000 to new record highs above $70,000 in less ...

XRP’s short-term technicals show signs of upside exhaustion, with some patterns pointing to a drop under $2. XRP forms a double top and rising wedge, signaling short-term downside risk toward $1.94.

Veteran trader Peter Brandt predicts Bitcoin could fall 33-37% to $58,000-$62,000 from current $92,400 levels based on a ...

-- Sell the BTC/USD pair and set a take-profit at 110,000. -- Add a stop-loss at 120,000. -- Timeline: 1-2 days. Bullish view -- Buy the BTC/USD pair and set a take-profit at 120,000. -- Add a ...