ES just tagged the bottom of its pink rising megaphone after trying to form a megaphone top within it against the bottom of the red triangle. ES is trying to make its way back to VWAP of the bright ...
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.
Article Summary: With so many currencies to choose from, triangle patterns can help forex traders quickly identify a pair to trade. This article will show you how to use triangles to find a trade ...
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 ...
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 ...
ES is Working on a Flat-Topped Megaphone (Red) within a Likely Triangle (Blue) ES got turned back at the all-important 2080 level a couple of times overnight. Now it’s formed a flat-topped megaphone ...