As just about any experienced forex trader will tell you, technical analysis plays a pivotal role in identifying profitable trading opportunities. Occupying a well-established place among the classic ...
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 ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Khadija Khartit is a strategy, investment, and funding expert, and an educator ...
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 ...
Ethereum Classic price is breaking above the falling wedge pattern, signaling a bullish move ahead. On-chain and derivatives data show rising trading volume, increasing bullish bets, and higher Open ...
Markets don't reverse quietly. They usually leave small clues long before the headlines catch up: a change in momentum, a slowdown in selling, a shift in volatility, or simply a chart pattern that ...
That's the message from the price chart, which shows the sharp pull back from the record high of $126,000 on Oct. 8 to recent lows near $106,000, which has left many bulls demoralized, is quietly ...
Monero (XMR) price dropped by nearly 10% three days after establishing a week-to-date high of around $290 on April 24. Nonetheless, several technical indicators suggest that the XMR/USD pair is poised ...
Picture a trail that switchbacks as it gradually narrows up a mountain, eventually reaching a point where hikers must go over or turn back. This mirrors one of technical analysis' most reliable ...