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 our analysis on Friday we mentioned an interesting symmetric triangle pattern that emerged on the charts of both the DAX and the SP500. Back then, we were inside of those patterns, waiting for a ...
The Australian Dollar is under pressure on Wednesday as investors brace for the strong possibility of a rate cut by the Reserve Bank of Australia on October 1. On Tuesday, RBA governor Philip Lowe ...
Technical analysis is the process of examining a stock or security’s price movements, trading volume, and trends to determine how or when to trade it and predict its price movements. There are plenty ...
A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...