The stock market appears to be heading toward one of those rare occasions, when a record high contributes to a bearish technical pattern, that suggests the biggest selloff of the year could be right ...
A so-called megaphone top pattern in the U.S. stock market is gaining publicity — often with scary conclusions. Should you trim stocks based on this pattern? Back To Top ...
One of the most bearish patterns in the stock market is the megaphone pattern. Found more often in individual stocks than the broader markets, it is rare to see a megaphone in the S&P 500 (SPY) or ...
In detail, megaphone setups consist of a minimum of lower lows and two higher highs forming during a period of high market volatility. But, generally, these patterns consist of five consecutive swings ...
XMR price declines 6%, but maintains bullish structural strength. Megaphone pattern hints at volatility before a potential explosive move The daily chart shows a rising channel, confirming a sustained ...
Crypto has been under pressure, with two key chart developments being fodder for the bears. “Out of control” Bitcoin price action and a negative moving-average indicator point to additional downside.
Bitcoin's (BTC) latest rebound from below $30,000 has increased its prospects of extending its retracement move higher, at least according to one classic technical pattern. Dubbed as Broadening ...
The West Texas Intermediate Crude Oil market initially tried to break above the $65 level during the trading session on Tuesday but gave back the gains to show signs of exhaustion again. We are ...
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 ...