In the dynamic world of forex trading, understanding chart patterns is crucial to making the right decisions. One widely used pattern in technical analysis is the consolidation pattern. Consolidation ...
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 ...
Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...
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 ...
Article Summary: With so many currencies to choose from, triangle patterns can help forex traders quickly identify a pair to trade. This article will show you how to use triangles to find a trade ...
Discover how symmetrical triangle patterns can help predict price movements in both uptrends and downtrends, and learn how to trade them effectively. A symmetrical triangle is a popular chart pattern ...
Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...
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 ...
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.