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, ...
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.
The Bitcoin price has gained by 1.5% in the past 24 hours, rising to $96,900 after President-elect Donald Trump picked the pro-crypto Paul Atkins to become the new Chairman of the SEC. Atkins hasn’t ...
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 ...
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 ...
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 ...
Zcash price is at a critical junction as selling pressure clashes with triangle consolidation, setting up a potential ...
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 ...