XAU/USD (Gold) has been building a contracting triangle chart pattern for a long time. Will the continuation pattern indeed break to the upside as expected? The XAU/USD (Gold) has been building a ...

Trend Bias: The AUD/USD pair is rallying in a corrective Elliott wave zigzag pattern. Initial Target: The 61.8% Fibonacci retracement at .6500 - .6600. Key Level to Watch: 0.6186 is the bullish key ...

Elliott Wave triangles are corrective patterns that consolidate the previous trend. Elliott Wave triangles consist of five waves labeled a-b-c-d-e. There are rules and three guidelines in the ...

The USDOLLAR has been a stellar currency over the past several weeks. That outperformance has also anchored lower the price of Gold. Today, we will look at a possible bearish scenario followed by a ...

Zorrays Junaid has extensive combined experience in the financial markets as a portfolio manager and trading coach. More recently, he is an Analyst with Alchemy Markets, and has contributed to DailyFX ...

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 ...

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 ...

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 ...

In this webinar recording, we assessed a popular corrective pattern in Elliott Wave Theory called the triangle. We looked at idealized shapes of the patterns, rules and guidelines in how the patterns ...

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 ...