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Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...
SUI bullish pattern breakout confirmed above $4.30 with targets at $5.28, $6.96, and $8. Rising volume and momentum suggest ...
The USDCNH pair formed a triangle pattern on its daily chart for several weeks. All we can do is wait for a breakout to occur. The price is facing the upper line of the pattern now at around 6.6390.
The triangle pattern is likely consolidation of the uptrend from 1204.77, another rise could be expected after the consolidation. On the upside There is a bullish trend line from 1204.77 ...
In the GBPUSD symmetrical triangle above, buyers will want to see price close above 1.6672 before entering. Next, a protective stop can be placed a few pips below the last swing low near 1.6579.