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The triangle pattern is one of the most popular price patterns in Forex because it is easy to recognize, has a good risk to reward setup, and provides clear and concrete price objectives.
Symmetrical triangle patterns suggest long-term targets of $5.24 and even $17 ... The breakout outlook is picking up additional support from XRP’s 20-3D (purple) and 50-3D (red ...
Over thirty and the pattern is considered a triangle. - A pennant has to be preceded by a strong steep up move or down move that resembles a flagpole. No flagpole, then it's a triangle and not a ...