Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern. As the name indicates, an ascending triangle on a ...
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 ...
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 ...
Forex Training Class. We will diagram the Forex Chart Pattern, the Ascending Triangle Pattern and the Descending Triangle Pattern, as they are found often in the Forex Market. We will go over a real ...
On the daily timeframe, Bitcoin broke out of its ascending triangle on March 27 to the upside, bringing the much-anticipated level of $50,000 within its range. Interestingly, ascending triangles are ...
Gold consolidates at the edge of the ascending triangle, preparing for its next move, while silver remains bullish above $37 and is consolidating to ease short-term overbought conditions. Gold (XAUUSD ...
EURUSD has been consolidating inside an ascending triangle formation on its short-term time frame, with price currently testing the horizontal resistance around the 1.1650 minor psychological level.
As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...