One of the most effective tools traders have to seize market momentum and create winning bets is the bull pennant pattern. It ...
This pattern was introduced yesterday as it can give breakout signals as the consolidation range expands. It is defined by two trendlines that are pointed away from each other. After finding ...
The pattern starts with the declining flagpole, followed by the intervening consolidation period or flag. After the downside breakout occurs, the pattern then completes with a subsequent downward ...
Crude oil’s recent rally faces resistance at $70.14, with choppy trading expected unless a breakout above $73.27 or breakdown ...
Consolidation in a symmetrical triangle indicates a potential breakout soon. The final leg in wave E suggests an imminent ...
Over the past few days, despite major swings throughout the crypto-market, ETH-USD finally appears to be displaying nice, reliable signs of market consolidation. Over the past few days, despite major ...
A successful breakout from a CnH pattern can trigger a parabolic rise since the pattern confirms a trend bottom and then a ...
XRP, has become a focal point of speculation, with many believing that a Republican-led administration could foster favorable ...
Historically, RSI support bounces following consolidation patterns like symmetrical triangles have often led to sustained rallies, adding weight to the $1–$2 price target if the breakout holds.
Solana's ability to consolidate instead of pulling back after gains signals the potential for new all-time highs, with some ...