Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
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 ...
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.
NIGHT is a falling symmetrical triangle trades with a falling RSI resistance. The price stands at 0.0869 and has critical ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP The primary structure shows a five-wave impulse followed by a corrective phase, with Fibonacci retracement levels overlaid to ...
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 ...
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, ...
Overall, the entire volume profile of the symmetrical triangle is sloping downward — this is indicating consolidation in the market. If we look closer at the consolidating volume trend, we can see a ...
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