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 ...
At its foundation, technical analysis is the study of price behavior. It seeks to identify areas where market participants ...
The series of higher-bottoms and higher-tops are helping to give the February Comex gold market an upside bias, and the elongated rectangular pattern inside a triangle chart pattern are signs of ...
Discover how symmetrical triangle patterns can help predict price movements in both uptrends and downtrends, and learn how to trade them effectively. A symmetrical triangle is a popular chart pattern ...
Ascending triangle is a bullish continuation pattern, typically regarded as a healthy correction for long-term market trends. Recognising the pattern and breakout can aid a trader in looking for good ...
One of the oldest technical analysis patterns, the head and shoulders is a reversal pattern. Because it is a time-consuming pattern, traders spot it quickly and trade it accordingly. Yet, this is both ...
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 ...
Learn how the head and shoulders pattern signals trend reversals in technical analysis, aiding traders in identifying shifts from bullish to bearish movements.