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 ...
One of the most well-known chart patterns is the flag pattern, which is created by price activity contained within a tiny rectangle or flag shaped channel. Flags, which are short-term continuation ...
A bear flag pattern is a powerful technical setup used by traders to identify potential opportunities in a down-trending market. Recognizing and effectively trading this pattern can be instrumental in ...
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 ...
In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend ...
Recognia has detected a "Continuation Wedge (Bullish)" chart pattern formed on Baidu ADR Reptg 1/10 Ord Shs Class A (BIDU on NASDAQ). This bullish signal indicates that the price may rise from the ...
An advance block is a bearish reversal pattern in candlestick charts, signaling potential trend shifts. Learn its ...
XRP (XRP) stalls after an amazing six-week rally as profit-booking slows down the altcoin’s rally toward $3.00. The XRP/USD pair is down 2% to its intraday low of $2.3 on Dec. 16 in a corrective trend ...
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