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 ...

Gold pulled back further on Friday from Thursday’s low, before finding support around the 78.6% retracement level. The low for the day was 2,157, at the time of this writing. Nonetheless, the breakout ...

Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...

Natural gas formed a bullish wedge reversal near long-term channel support after a 60% decline, with confirmation dependent ...

Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...

Cardano price breakout from major reversal pattern stalls amid general market weakness and declining activity on on-chain and trading arenas.

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 ...

Today’s bullish follow through in gold is not too convincing for the long side short term. Gold had a decisive breakout of a bull wedge yesterday and it closed near the high of a long-range green ...

The past few days in the cryptocurrency market have been bullish, with Bitcoin pulling altcoins and its momentum. Cardano (ADA) has been one of the tokens enjoying the rally, trading over $0.8 as of ...