Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Technical analysis is the process of examining a stock or security’s price movements, trading volume, and trends to determine how or when to trade it and predict its price movements. There are plenty ...
The Australian Dollar is under pressure on Wednesday as investors brace for the strong possibility of a rate cut by the Reserve Bank of Australia on October 1. On Tuesday, RBA governor Philip Lowe ...
The Australian Dollar continues to oscillate in a now-familiar range below the 0.73 figure against its US counterpart after the RBA policy announcement failed to inspire volatility. Taking the longer ...
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 ...
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