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.
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 ...
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 ...
NIGHT is a falling symmetrical triangle trades with a falling RSI resistance. The price stands at 0.0869 and has critical ...
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, ...
The Ethereum price dips 3.94% during Wednesday's U.S. market hours to currently trade at $3,168. The selling pressure likely ...
ICICI Prudential Life Insurance has confirmed a bullish breakout from a symmetrical triangle formation on the daily charts, ...
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 ...
Shiba Inu (CRYPTO: SHIB) enjoyed some early session volatility that caused the crypto bounce almost 4% before falling to near flat as investors mulled GDP and jobs data. Despite some volatility, Shiba ...
Bitcoin price exits a multi-weeks consolidation trend within triangle pattern as rumors spread on whale accumulation.
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 ...
Ethereum (ETH), and Ripple (XRP) are trading in green on Monday, fueling a broader cryptocurrency market recovery. Bitcoin ...