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 ...
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, ...
A bearish reversal triggered in gold today with a breakdown from an inside day. This follows the 2,195-peak hit on Friday. There are several reasons why last week’s high might be followed by a ...
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 ...
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 ...
Polygon (POL) has nearly reached the $0.30 horizontal resistance. The POL price broke out from a symmetrical triangle pattern. Can POL sustain its increase and finally move above $0.30? Polygon (POL) ...
Pseudonymous market analyst Wolf shared the downside outlook on March 7 as Ether's price rebounded by over 3% to nearly $2,650, a day after testing its upward sloping trendline near $2,500. Ignoring ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. It’s said that chartist are guilty of seeing continuation or reversal patterns in almost any chart. A formed ...
The idea is that whenever a price of a given asset (for instance gold or mining stocks) forms a triangle, its apex is the moment when we can expect some kind of a reversal. Such a triangle is created ...