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 ...
We've looked at reversal patterns (head and shoulders pattern and inverse head and shoulders pattern). In this lesson, we cover continuation patterns, specifically the symmetrical triangle pattern.
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 ...
Natural gas turns down and drops to a five-day low as heads towards a test of support at the lower boundary line of a symmetrical triangle. At this time of this writing the low for the day was 1.63, ...
Analysts have been observing the symmetrical triangle pattern formed by Cardano (ADA) since late 2024, ranging between $0.60 and $0.80, with buyers and sellers soon reaching parity. Currently, the ...
When trying to predict the future price of bitcoin, it's impossible to do so without first looking at its past. No matter how it's examined, the cyclical nature of bitcoin’s price action can’t be ...
Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...
Zcash (ZEC) has dropped about 30% from its November peak of $750, raising fears of deeper losses ahead, with some analysts warning of a potential “pump-and-dump.” As of Monday, Zcash traded within a ...