The rising wedge and ascending triangle patterns are essential tools that assist the traders in making informed decisions; they help predict the price fluctuations that are integral to any financial ...

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 ...

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 ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...

Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...

Detecting patterns is useful in various fields. Crime scene investigators can pick up on the tiniest clues or repetition or sameness when tracking perpetrators. Doctors and healthcare providers look ...

The wedge formation recently traced on the daily chart of the Russell 2000 Small Cap index is a classic of the genre – I mean, it’s right out of the textbook of chart patterns. It’s a rising wedge -- ...

Payments-focused XRP's immediate prospects look bleak, with its price chart flashing a "rising wedge" breakdown. A rising wedge comprises two converging trendlines that connect higher lows and higher ...

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 used in technical ...