Trend Bias: The AUD/USD pair is rallying in a corrective Elliott wave zigzag pattern. Initial Target: The 61.8% Fibonacci retracement at .6500 - .6600. Key Level to Watch: 0.6186 is the bullish key ...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of General Electric (GE), published in members area of the website. As our members know, GE has ...
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 ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
Tesla with ticker TSLA has been trading sideways since 2021, which we see it as a consolidation within bullish trend, ideally as a larger bullish triangle pattern in wave IV that can send the price ...
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 ...