Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Khadija Khartit is a strategy, investment, and funding expert, and an educator ...
Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...
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 ...
The stock market is a constant tug of war between buyers and sellers. When this tension finally breaks, the resulting surge of momentum can lead to some of the most profitable and exciting trades an ...
ZEC has been sliding since its $720 peak this month, compressing into a falling wedge on the 4-hour chart with an apex near $436. A breakout above the wedge’s upper trendline could trigger a relief ...
Bitcoin has been pulling back this week following a test of the 50-Day MA on Monday with a high of 65,523. That advance broke out of a prior descending bullish wedge and expanded the top boundary line ...
XRP price chart analysts are noting Wyckoff reaccumulation and falling wedge patterns that are painting a bullish target above $3.50. XRP (XRP) has dropped nearly 40% since hitting its multi-year high ...