Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
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 ...
Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...
Symmetrical triangle formation suggests a potential breakout. Key Fibonacci levels indicate resistance and support zones. RSI momentum remains neutral, awaiting confirmation. Jito (JTO) trades within ...
Natural gas turns down and drops to a five-day low as heads towards a test of support at the lower boundary line of a symmetrical triangle. At this time of this writing the low for the day was 1.63, ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. GameStop shares have traded within a symmetrical triangle since mid-May, a chart pattern ...