Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
The Upside/Downside Gap Three Methods is a three-bar candlestick pattern indicating trend continuation. Explore how traders use this unique pattern to analyze market movements.
Roblox Corporation (NYSE:RBLX) was relatively flat in the premarket on Thursday after rallying 6.57% on Wednesday, breaking up from a bull flag pattern on the daily chart. On May 11, the day following ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
Over the last couple weeks, bitcoin has seen a dramatic drop in price dropping from $20,000 to $6,000. Shortly after bottoming at $6,000, hopeful investors jumped at the chance to catch a discounted ...
We've looked at reversal patterns (head and shoulders pattern and inverse head and shoulders pattern). In this lesson, we cover continuation patterns, specifically the symmetrical triangle pattern.
Imagine identifying a stock that has launched upward with incredible force, pausing only briefly before shooting even higher. These moments of mid trend acceleration are where some of the market’s ...
Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern. As the name indicates, an ascending triangle on a ...