Stop losses can then be placed safely above the 1.0936 level and ideally above the top of the flag’s consolidation pattern. A bear flag pattern has a clear meaning to a savvy technical trader.
One of the most effective tools traders have to seize market momentum and create winning bets is the bull pennant pattern. It ...
Most triangle patterns develop during market consolidation phases during which trading conditions calm and volatility gets progressively lower. Expanding triangles are the exception because they ...
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 ...
On Coinbase, it led memecoin trading volumes at $384 million in ... Price chart data shows BONK has broken out from consolidation patterns, showing a bounce off a triple bottom on its weekly ...
The immediate support for Nifty 50 is placed at 24,000, followed by 23,800, which is crucial support because if the index ...