Learn to recognize rising wedge patterns, indicative of market reversals, and explore trading methods to capitalize on this bearish chart signal effectively.

Bitcoin's rebound to $28,000 has been met with resistance, signaling a potential further decline. A higher network congestion and transaction fees may hinder Bitcoin's growth and affect market ...

Ethereum (ETH), and Ripple (XRP) are holding steady on Wednesday after recording minor gains on the previous day. Technically ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

Bitcoin's price continues to decline, driven by bearish indicators and patterns such as the symmetrical broadening wedge, double top, and head and shoulders pattern. The decrease in Bitcoin's average ...

- The Dow Jones Industrial Average is testing a confluent area of resistance this morning after a healthy gap-higher, driven by a strong US Non-Farm Payrolls report. - This highlights a short-term ...

In our last article, we looked at the continued congestion in GBP/JPY as the pair moved deeper-and-deeper into a symmetrical wedge pattern. For a pair that is traditionally a volatile fast-mover, such ...

The symmetrical structure suggests a breakout in either direction. Resistance lies at $4.94, with $6.00 as an upward target. Support levels to watch: $4.16, $3.67, and $3.28. SUI is consolidating ...

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.

The Euro gives away previous gains against the Pound and returns below 0.8700. The pair has been trading choppy within a 70-pip range since early October. EUR/GBP price action is forming a symmetrical ...

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 ...