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 ...

Gold dips to test support near the lower boundary of a developing falling wedge. Once a low of 1,919 was seen at today’s low buyers stepped up to drive gold off that low. The high of the day tested ...

Learn to recognize rising wedge patterns, indicative of market reversals, and explore trading methods to capitalize on this bearish chart signal effectively.

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 ...

That's the message from the price chart, which shows the sharp pull back from the record high of $126,000 on Oct. 8 to recent lows near $106,000, which has left many bulls demoralized, is quietly ...

SHIB has broken out of a falling wedge pattern, signaling a possible bullish reversal after dropping from $0.000015 to $0.000012. On-chain data shows SHIB exchange inflow has plunged from 7 billion to ...

Monero (XMR) price dropped by nearly 10% three days after establishing a week-to-date high of around $290 on April 24. Nonetheless, several technical indicators suggest that the XMR/USD pair is poised ...

ZEC has been sliding since its $720 peak this month, compressing into a falling wedge on the 4-hour chart with an apex near $436. A breakout above the wedge’s upper trendline could trigger a relief ...

Ether (ETH), the second-largest cryptocurrency by market value, looked set for renewed price rally ahead of the Ethereum "Merge," according to observers tracking chart patterns. Last week, the native ...

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 ...