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 ...
Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...
Dow component Apple Inc. (AAPL) has struggled in recent weeks, losing ground at a rapid pace due to growing fears that China will target the tech giant in a trade war. Shareholders have taken note, ...
DOGE’s price appears to have been painting a bump-and-run-reversal (BARR) bottom since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three ...
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 ...
Bitcoin's chart might look like it's lining up for another leg higher, but seasoned traders aren't buying it—yet. While falling wedges are traditionally bullish patterns, respected chartist Xanrox is ...
Technical analysis can be a fickle beast. No matter how good you get at reading charts and spotting patterns, your careful research can go right out the window in a moment if something major happens ...
(Kitco News) - Mon Feb 4 - There is a battle going on between the gold bulls and the bears and neither has the upper hand right now. New York Comex gold futures have been consolidating within a rising ...
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