Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
As the name implies, continuation patterns in technical analysis are chart patterns that demonstrate that the price trend of an item will continue after the pattern has ended. As a result, ...
In late October of 2007 the Russell 2000 small cap index was trading around 800. The index hasn't returned to that level since. Now, over two years later, small caps are once again close to touching ...
The triangle pattern looks like a triangle. It forms in the middle of a trend. The triangle pattern forms because investors think that the stock price won’t go much higher in an uptrend or lower in a ...
1. The US dollar. Some amateur chartists see a bull continuation h&s (head and shoulders) pattern on the weekly chart of the US dollar. I suspect this analysis comes from the non-stop pounding I gave ...
Over the last couple weeks, bitcoin has seen a dramatic drop in price dropping from $20,000 to $6,000. Shortly after bottoming at $6,000, hopeful investors jumped at the chance to catch a discounted ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
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