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 ...
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 ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
(MENAFN- DailyFX) What is a triangle pattern? A forex triangle pattern is a consolidation pattern that occurs mid-trend and usually signals a continuation of the existing trend. The triangle chart ...
Discover how symmetrical triangle patterns can help predict price movements in both uptrends and downtrends, and learn how to trade them effectively. A symmetrical triangle is a popular chart pattern ...
One of these complex yet beneficial techniques is the triangle. As a continuation pattern, the triangle is used to analyze ongoing market trends. This ubiquitous shape appears when there is indecision ...
AUD/USD (a 4-hour chart of which is shown) as of Friday (1/28/2011) has consolidated within a converging triangle pattern that has been in place since the 0.9800 low that was hit near the beginning of ...
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