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.
Dear traders, the 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. The USD/JPY breakout above ...
Triangle Pattern Signals Imminent Move. Key insights <li /> BTC forms a triangle at major support, showing price compression ...
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 ...
In our analysis on Friday we mentioned an interesting symmetric triangle pattern that emerged on the charts of both the DAX and the S&P 500. Back then, we were inside of those patterns, waiting for a ...
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