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 ...
Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...
Bank of America's inside bar leans bullish because the stock was trading higher before forming the pattern If the bear flag becomes the dominate pattern, the stock could fall toward the $27 mark Get ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
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, ...