The higher probability pattern appears to be a triangle with support near $1311-1320 Gold priced in foreign currencies show gold outperforming against GBP, EUR, CHF, CAD, AUD but holding steady ...
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 ...
Technical analysis is one of the most important financial market trading aspects. The analysis sees traders leverage various indicators and study price patterns to try and understand price action to ...
The EUR/USD pair is trading sideways in a triangle pattern today. It may possibly break to the downside as triangles often precede the final wave in a trend, and a decisive break below 1.2876 would be ...
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.
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