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 ...
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 ...
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
AUD/USD (a 4-hour chart of which is shown) as of Friday (1/28/2011) has consolidated within a converging triangle pattern that has been in place since the 0.9800 low that was hit near the beginning of ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. USD/JPY (a 4-hour chart of which is shown) as of Monday (11/08/2010) has formed a converging triangle ...
XRP price remains above $2.09 after a slight recovery in the last 24 hours, continuing a bullish trend. The cryptocurrency ...
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 ...