The S&P 500 is trading at new highs. GBPJPY is highly correlated to the S&P 500, but has not broken out of a triangle. GBPJPY has just rebounded from the daily 23.6% Fibonacci level which is bullish.
EURUSD is trading near a 3-month high just shy of the 1.3900 psychological resistance area. The Euro has closed above weekly triangle resistance and a significant Fibonacci Level The lack of overhead ...
Triangle Pattern Signals Imminent Move. Key insights <li /> BTC forms a triangle at major support, showing price compression ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Vikki Velasquez is a researcher and ...
The triangle pattern is believed to be one of the most reliable & popular because its post pattern implications are faster than others. In the study of technical analysis, triangles fall under the ...
Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern. As the name indicates, an ascending triangle on a ...
USD/JPY is building a triangle chart pattern in front of the previous top. Although the resistance zone remains dangerous, a bullish breakout is expected. Dear traders, the USD/JPY is building a ...