When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...
Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...
DOGE’s price appears to have been painting a bump-and-run-reversal (BARR) bottom since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three ...
XRP (CRYPTO: XRP) is up over 8% in 24 hours after breaking out from a downtrend that dominated price action since August’s $3 ...
Dow component Apple Inc. (AAPL) has struggled in recent weeks, losing ground at a rapid pace due to growing fears that China will target the tech giant in a trade war. Shareholders have taken note, ...
Alphabet (GOOG) shows positive price action ahead of the earnings release. Meta (META) forms a double bottom at long-term resistance, suggesting further upside potential. Microsoft (MSFT) forms ...
Resistance at the 20-Day MA holds crude oil back, while triangle and wedge patterns signal potential volatility spikes before the year ends. Volatility in crude oil continues to diminish as price ...
Allergan PLC (AGN), a worldwide pharmaceutical company, is set to report earnings on May 7. Investors are looking for earnings and revenues this quarter to come in lower than the results for the first ...