Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...
Market analysts are observing both futures and spot markets for trend validation. Open interest at $553.44M shows active ...
Bitcoin price action is drawing renewed attention after analysts identified a recurring technical structure on the weekly ...
When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...
The Falling Wedge Pattern is a reversal pattern that occurs in downtrends. It’s easy to spot on a chart and once you know how it works, you can use it to enter trades with the potential for big ...
Crypto analyst sees altcoin bottom forming with similar macro conditions to 2019, citing QT ending and extreme bearish ...
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 -- ...