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Master the triangle chart pattern, learn how to identify, analyze, and trade this essential pattern for successful trading.
What is the Ascending Triangle Pattern? The ascending triangle pattern is a bullish continuation pattern frequently observed on exchange rate charts by forex traders using technical analysis.
Today, we look at a larger pattern that has been developing in gold and may become more important very soon. The weekly chart is used to clarify the situation. You can see that gold has been ...
Above chart is for illustration only. Reward vs. Risk very high when the 'Falling Knife' method is used for the 60min Expanding Triangle buy entry. An expanding triangle seldom happens.
Natural gas price could be bottoming out, with a bull trend continuation signal confirmed. Developing patterns are being watched, and a significant upside target is possible.
The expanding triangle is a form of consolidation and price discovery where the boundaries of the pattern are marked by lines that are headed away from each other and will never cross.
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Natural gas price could be bottoming out, with a bull trend continuation signal confirmed. Developing patterns are being watched, and a significant upside target is possible.
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 ...
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