Bitcoin price exits a multi-weeks consolidation trend within triangle pattern as rumors spread on whale accumulation.
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.
GBP/USD has completed its symmetrical triangle pattern (shown in purple) on a 30 minute time frame. The price has also formed another symmetrical triangle pattern which is shown by yellow lines. The ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
Subsequently, Tardigrade explained that if BTC was to form the apex of the triangle, then according to Bulkowski’s ThePatternSite.com, the following could be expected. He referred to Bulkowski’s ...
Natural gas turns down and drops to a five-day low as heads towards a test of support at the lower boundary line of a symmetrical triangle. At this time of this writing the low for the day was 1.63, ...
Shabbir KayyumiWhat is Symmetrical Triangle? The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least ...