Forex Blog |  Triangle Pattern

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May 4, 2020 | 10:43

An in depth look at one of the most popular ways to analyze price charts and confirm existing setups Before making their way to the forex market, candlestick patterns had been in use for hundreds of years by Japanese rice farmers. Developed in the 17th century, farmers developed the idea in order to track and […]

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April 22, 2020 | 12:44

Trading secrets – Price pattern trading success rates Price Pattern Study – the deception nature of technical analysis is a subject very rarely being talked about. At time it feels like a grand scale conspiracy, perpetrated on us traders for more than a century now, ever since the establishment of the Dow theory, somewhere in […]

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November 10, 2019 | 13:22

GBP/JPY price is forming a symmetrical triangle pattern in the D1 chart. It’s about three weeks now that the price forming this symmetrical pattern and the range become more and tighter. We can definitely expect the price to breakout the triangle very soon. If the price will break down the triangle it indicates the price […]

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November 7, 2019 | 20:48

What do Price and Chart Patterns Tell Us? Technical Analysis Price Patterns make strange shapes and outlines in all markets. It may seem weird to the uninitiated that such shapes could have any value. But the fact is that these patterns created by price action on market charts repeat themselves over and over again when […]

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October 24, 2019 | 07:34

Price Action Analysis With Descending Triangle Pattern 23/10/2019 As we can see on the D1 time frame chart, BTC/USD price is in bearish momentum. Three weeks ago the price broke out a descending triangle toward down while creating a fresh supply above. This descending triangle has created and lasts for almost three months. Below us, […]

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October 6, 2019 | 10:07

Which Direction the Price Will Break the Triangle Pattern, Down or UP? Long Term Analysis for USD/CAD Sunday  06/10/2019 The symmetrical triangle pattern is a pattern where the price converges into a tight range. The  USD/CAD price creates a higher low and a lower highest. The meaning of that is that there is no dominant […]

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September 4, 2019 | 13:28

Which One of The Triangle’s Border The Price Will Break First? Wednesday  04/09/2019 On the D1 time frame chart, we can the USOIL price creates a Descending triangle pattern. The Descending triangle pattern represents the forces of buyers who unable to push the price higher, And the sellers fighting to push price lower and creates […]

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September 3, 2019 | 12:38

Fresh Demand For Continuation Position. Tuesday 03/09/2019 A triangle pattern is a specific pattern formed on the price chart. Usually, this pattern identified when the bottoms and tops of the price are moving toward each other like the sides of a triangle. The triangle in the D1 chart of the BTC/USD is a Symmetrical Triangle […]

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