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 ...
The Australian Dollar is under pressure on Wednesday as investors brace for the strong possibility of a rate cut by the Reserve Bank of Australia on October 1. On Tuesday, RBA governor Philip Lowe ...
Technical analysis is the process of examining a stock or security’s price movements, trading volume, and trends to determine how or when to trade it and predict its price movements. There are plenty ...
In our analysis on Friday we mentioned an interesting symmetric triangle pattern that emerged on the charts of both the DAX and the SP500. Back then, we were inside of those patterns, waiting for a ...
Trading in SoFi Technologies, Inc. (NASDAQ:SOFI) is quiet on Tuesday. But the stock may be on the verge of a breakout. A classic ascending triangle pattern has formed on the chart. This is a bullish ...
The Australian Dollar continues to oscillate in a now-familiar range below the 0.73 figure against its US counterpart after the RBA policy announcement failed to inspire volatility. Taking the longer ...
The New Zealand Dollar is trading lower early Monday as traders positioned themselves ahead of Wednesday’s release of the September quarter inflation figures. Economists expect the consumer price ...
Copper futures, down 16 percent this year, may fall by next month to the lowest since mid-2010, based on technical analysis by Matt Zeman at Kingsview Financial LLC. The attached chart of monthly ...
A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...
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