Tag: Triangle

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What is an ascending triangle pattern and how to trade it?

What is an ascending triangle pattern and how to trade it?

Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern.What [...]
Ether-Bitcoin Ratio On a Bullish Path After Triangle Breakout, Trader Says

Ether-Bitcoin Ratio On a Bullish Path After Triangle Breakout, Trader Says

We could see a bears in disbelief rally in ether in coming weeks, Decentral Park's Lewis Harland said. www.coindesk.com [...]
Bitcoin Falling Wedge, Ethereum Triangle: Continued Consolidation

Bitcoin Falling Wedge, Ethereum Triangle: Continued Consolidation

Bitcoin, Ethereum Talking Points:Bitcoin and Ethereum have been relatively calm over the past few weeks.Ethereum may have a greater bullish case at th [...]
EUR/JPY Breaks Horizontal Resistance, Eyeing Triangle Breakout

EUR/JPY Breaks Horizontal Resistance, Eyeing Triangle Breakout

KEY POINTS: Recommended by Zain Vawda Get Your Free JPY Forecast EUR/JPY OUTLOOKEUR/JPY rallied to the upside yesterday [...]
Bitcoin Breaks out of Descending Triangle – Can $17,000 Be Next Target?

Bitcoin Breaks out of Descending Triangle – Can $17,000 Be Next Target?

Bitcoin’s price began an upward correction from $15,500. BTC is currently seeing heavy resistance near the $16,300 region and the 100 hourly SMA.Bitco [...]
Gold and Crude Oil Prices Sink as US Dollar Rallies, WTI Triangle Breakout in Focus

Gold and Crude Oil Prices Sink as US Dollar Rallies, WTI Triangle Breakout in Focus

Gold, XAU/USD, Crude Oil, WTI, US Dollar, Ascending Triangle – Commodities Briefing:Gold and crude oil prices fall with stocks as US Dollar gains on [...]
AUD/USD Eyeing a Potential Triangle Breakout

AUD/USD Eyeing a Potential Triangle Breakout

Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newslette [...]
Descending Triangle Highlights Yen’s Short-Term Prospects

Descending Triangle Highlights Yen’s Short-Term Prospects

USD/JPY News and AnalysisDisappointing Chinese data, Guangzhou district lockdowns weigh on risk sentimentYen performance may prove short-lived despite [...]
Copper Prices May Resume Triangle Breakout as Speculators Ease Short Bets

Copper Prices May Resume Triangle Breakout as Speculators Ease Short Bets

Copper, China, Covid, Rates, COT, Technical Outlook - Talking PointsCopper prices are slightly lower in Asia-Pacific trade but last week’s gain holdsC [...]
WTI Oil Poised for Triangle Breakout as Economic Headwinds Mount

WTI Oil Poised for Triangle Breakout as Economic Headwinds Mount

Recommended by Zain Vawda Understanding the Core Fundamentals of Oil Trading WTI Fundamental OutlookCrude Oil is on th [...]
WTI Oil Poised for Triangle Breakout as Economic Headwinds Mount

WTI Oil Poised for Triangle Breakout as Economic Headwinds Mount

Recommended by Zain Vawda Understanding the Core Fundamentals of Oil Trading WTI Fundamental OutlookCrude Oil is on th [...]
Bitcoin to Gain Support at $18,450 – Triangle Pattern in Play

Bitcoin to Gain Support at $18,450 – Triangle Pattern in Play

Bitcoin began a new drop from the $19,500 barrier level against the US dollar. BTC is in danger of falling sharply below the $18,500 and $18,000 level [...]
FTSE100 Triangle Pattern Completed

FTSE100 Triangle Pattern Completed

The FTSE 100 has been coiling sideways in a triangular shape format since February 7th high at 7687 and it seems it’s ready for a breakout.The key le [...]
FTSE 100 – Triangle Formation in Play

FTSE 100 – Triangle Formation in Play

The FTSE 100 has been on a bullish run since March 2020 low. It appreciated nearly 57% since the Covid-19 pandemic. A further appreciation is still i [...]
Gold Violates Symmetrical Triangle Pattern – Is It Going After $1,785?

Gold Violates Symmetrical Triangle Pattern – Is It Going After $1,785?

The yellow metal gold was down 0.1 percent at $1,805.39 per ounce, hitting a six-week low of $1,801.50 the previous session. Gold futures in the Unite [...]
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