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In today’s analysis, I will show you three great trading occasions involving a very reliable trading pattern – the ... aiming towards the upper line of the triangle. Sellers, before opening ...
Triangles are chart patterns used in technical analysis. The patterns connect the beginning of the upper trendline to the beginning of the lower line. The upper line connects the highs while the ...
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 ...
Interestingly, ascending triangles are continuation patterns ... moving average (100-week EMA; the black wave) repeatedly as support. Meanwhile, a 0.236 Fib line (near $36,000) of the Fibonacci ...
- A pennant has to have less than thirty price candles. 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 ...
The USDCNH pair seems to be forming a triangle pattern on its 4-hour chart. The price broke above a falling trend line last Friday, indicating that the The USDCNH pair seems to be forming a ...