Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...
Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...
The rising wedge and ascending triangle patterns are essential tools that assist the traders in making informed decisions; they help predict the price fluctuations that are integral to any financial ...
The wedge formation recently traced on the daily chart of the Russell 2000 Small Cap index is a classic of the genre – I mean, it’s right out of the textbook of chart patterns. It’s a rising wedge -- ...
Ocado share price has become one of the worst-performing companies in the UK in the past few years. After peaking at 2,900p in January 2021 to the current 230p, a trend that may continue in the coming ...
Bitcoin is testing the lower edge of a rising wedge pattern near $108K, a bearish setup that often precedes breakdowns. Technical targets suggest a potential slide toward $62,855, about 40% below ...
Britain's benchmark index, the FTSE 100, has reached a set of crossroads in the charts, says John C Burford. There's something weird about the FTSE 100 right now. In all of my years of trading, I've ...
A key price pattern has emerged on bitcoin’s BTC $108,033.92 price chart, hinting at a potential pullback ahead. The cryptocurrency has rallied from $60,000 to new record highs above $70,000 in less ...
Learn the fundamentals of studying crypto charts as a beginner, including key chart patterns for identifying market signals ...