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 ...
And now, the third triangle is forming, and the apex seems to be completely formed. It would be interesting to see how BTC will react after this third triangle. However, the 200-day MA is parallel 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 ...
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 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 ...
Bitcoin (CRYPTO: BTC) was consolidating sideways during Monday’s 24-hour trading session, in tandem with the S&P 500, which was trading flat ahead of another week of big-tech earnings and jobs data.
XAUUSD is facing the resistance of the upper trend line (now at around 1343.00) of the triangle pattern on its weekly chart once again. Being contained by the trend line, the gold price pulled back ...
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