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 ...
What Is a Descending Triangle? A descending triangle is a technical analysis chart pattern that indicates a continuation of a downtrend or a consolidation phase within an uptrend. Recognizable by a ...
The triangle pattern looks like a triangle. It forms in the middle of a trend. The triangle pattern forms because investors think that the stock price won’t go much higher in an uptrend or lower in a ...
Article Summary: With so many currencies to choose from, triangle patterns can help forex traders quickly identify a pair to trade. This article will show you how to use triangles to find a trade ...