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 ...
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 ...
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 ...
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 ...
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, ...
Dogecoin price is holding steady at $0.13, despite a recent 5% drop. The broader crypto market faces a bearish trend. Over ...
Nvidia Corporation (NASDAQ:NVDA) was trading slightly lower on Thursday, in sympathy with the S&P 500, which was also trading down. The tech giant has been trading in a fairly consistent downtrend ...
XRP, the token closely related to Ripple Labs, is showing signs of a potential breakout as its price chart forms a symmetrical triangle pattern alongside other bullish technical indicators. XRP has ...
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 ...
Dogecoin price holds at $0.13, with a potential breakout to $0.20 if key resistance levels are surpassed in the coming days.