Cup and handles, head and shoulders, wedges, triangles, pennants, flags, and doubles tops, oh my! Unless you’re familiar with technical analysis, these may sound like a new line of decorative ...
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 ...
Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...
It’s more common for long-term investors to rely on fundamental or quantitative analysis—or some combination thereof. But that doesn’t mean technical analysis can’t also be used to guide a ...
Ether (ETH) traded close to a level that has previously marked market bottoms, as classic chart patterns suggested a possible rally to $5,000. Key takeaways: The ETH/USD pair dropped 45% to multimonth ...
The swing in MicroStrategy’s stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play’s ...
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