As just about any experienced forex trader will tell you, technical analysis plays a pivotal role in identifying profitable trading opportunities. Occupying a well-established place among the classic ...
When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...
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 ...
Dogecoin price trades within a falling wedge pattern on Tuesday, a breakout signals a rally ahead. On-chain and derivatives data indicate improving sentiment, with large whale orders, positive funding ...
As bullish chart patterns go, the ascending triangle is a good one. Unlike the downward wedge, where a stock that’s trending down is hypothetically approaching a breakout, an ascending triangle ...
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Bitcoin Cash (BCH) Price Consolidates in Ascending Triangle — Traders Await Breakout Direction
BCH broke out of a multi-month descending wedge. Price consolidates below major Fib resistance at $398. An ascending triangle suggests that bullish continuation is likely. Bitcoin Cash (BCH) is ...
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