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 ...
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 ...
Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...
Classic sell signal points to significant downside. Charles Dow identified the head & shoulders pattern 100 years ago. Valuations at levels beyond almost any fundamental defense. Nvidia’s daily chart ...
The daily chart shows XRP trading within a bull flag, with the price facing resistance from the pattern’s upper trendline at $3. A bull flag is a bullish continuation pattern in technical analysis, ...
Forbes contributors publish independent expert analyses and insights. John Navin is a Colorado-based journalist who writes about stocks. The head-and-shoulders pattern is the classic bearish indicator ...
The swing in MicroStrategy's stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play's ...
XRP futures' open interest has dropped sharply in the past five days, creating downside prospects for XRP price and a potential retest of the important $2 level. XRP could be headed down to $2 ...
If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...