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 ...
As just about any experienced forex trader will tell you, technical analysis plays a pivotal role in identifying profitable trading opportunities. Occupying a well-established place among the classic ...
DOGE’s price appears to have been painting a bump-and-run-reversal (BARR) bottom since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three ...
XRP (XRP) started 2026 on a strong footing, rallying roughly 18.50% in the first five days to reach above $2.16. The gains mirrored upside moves across the crypto market, wherein the net valuation of ...
Bitcoin’s bullish pattern on the chart is signaling to crypto traders a potential 25% price increase from its current level. Bitcoin’s price is forming a bullish wedge pattern while lingering near its ...
PEPE has broken out of a bearish wedge and is still holding bullish momentum Selling pressure is easing as profit-taking drops, potentially extending the rally.
XRP price surged 13% following the breakout from a multi-month falling wedge pattern, supported by strong XRP ETF inflows.
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 ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP Sellers remained firmly in charge Wednesday, establishing a new pullback low of $4.46 positioned right near the initial 38.2% ...
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