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The next type of triangle pattern is the ascending triangle. It is easily recognized by a rising trend line intersecting with a flat resistance line. It is often regarded by traders as a bullish ...
There is a support trend line floating near the current price that may support and cause prices to bounce higher. If Crude ...
Ascending Triangle Pattern: It is formed by two trendlines – a horizontal line that connects with the swing highs and a slanted line that connects with the higher lows.
Ethereum price is painting an ascending triangle pattern breakout with a price target of around $16,700. Ether runs into ...
Sellers, before opening a position, could wait for the breakout of the lower line of the triangle, which currently seems less likely to happen. A symmetric triangle can be also spotted on Gold.
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.
4 hour chart The XAU/USD (blue) could be in the final wave E (blue). Although it’s possible the price will still extend the wave D (blue) at the resistance trend line (red) and the wave E at ...
Airlines stocks took off on Thursday, boosted by Delta reporting better-than-expected earnings and reinstating its full-year ...