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 ...
Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price movements, and trader sentiments.
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
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 ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
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 ...
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.
Recognia has detected a "Continuation Wedge (Bullish)" chart pattern formed on Baidu ADR Reptg 1/10 Ord Shs Class A (BIDU on NASDAQ). This bullish signal indicates that the price may rise from the ...
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 ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. A strong gap-up Tuesday morning started a bullish yet concerning trend north that lasted the entire day. Most ...