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.
The GBP/USD pair trades flat at around 1.3570 during the European trading session on Wednesday. The pair flattens while the Pound Sterling (GBP) trades higher after the release of the United Kingdom ...
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, ...
XRP forms a bullish triangle pattern as long-term holders accumulate and SOPR turns positive, with a breakout above $1.70.
Consolidation in a symmetrical triangle indicates a potential breakout soon. The final leg in wave E suggests an imminent trend direction. RSI signals indecision, awaiting confirmation. LayerZero (ZRO ...
XRP traded in a narrow 2% range from $2.81 to $2.87 during the 24h session from Sept. 2 at 14:00 to Sept. 3 at 13:00. Large wallets accumulated roughly 340M XRP (~$960M) over the past two weeks even ...
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 ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. SPDR S&P Homebuilders ETF (XHB) has been forming a Bullish Symmetrical Triangle pattern over the past six months ...
Pepe Breaks Out of Symmetrical Triangle – Could $1 PEPE Be Next? - Benzinga Markets January 6, 2025 11:59 AM5 min read ...
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