We’ve looked at reversal patterns (head and shoulders pattern and inverse head and shoulders pattern). In this lesson, we cover continuation patterns, specifically the symmetrical triangle pattern.
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
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 covers a ...
The Dow Jones Industrial Average’s early attempt to wipe out the bearish “symmetrical triangle” pattern failed miserably, suggesting a breakdown, and eventual new lows, may be looming. Symmetrical ...
Cup and handles, head and shoulders, wedges, triangles, pennants, flags, and doubles tops, oh my! Unless you’re familiar with technical analysis, these may sound like a new line of decorative ...
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 ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
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 ...
ICICI Prudential Life Insurance has confirmed a bullish breakout from a symmetrical triangle formation on the daily charts, ...