XAU/USD (Gold) has been building a contracting triangle chart pattern for a long time. Will the continuation pattern indeed break to the upside as expected? The XAU/USD (Gold) has been building a ...

The XAU/USD is now testing the bottom of wave C (blue box). This is a critical and interesting point of any potential triangle pattern. The reason is simple: price is close to either confirming (green ...

Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...

As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...

A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...

Gold reached a new all-time high in August 2020, then has been under heavy bearish pressure. Is the rally on course to continue or is it time for a reversal? After Gold (XAU/USD) reached a new ...

the GBP/USD showed a bullish bounce at the 88.6% Fibonacci retracement level and also made a bullish breakout above the resistance trend line (dotted red). The GBP ...

Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...