Early in the American session, the British pound is trading around 1.2373 below the 21 SMA and within the downtrend channel formed since January 9. …
triangle | Trading Resources
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EUR/USD: Expanding Triangle, Possible Final Flag
EUR/USD Daily Chart The EUR/USD is forming an expanding triangle (blue lines) and is currently setting up a lower low major trend reversal. B…
Early in the American session, gold is trading below the 21 SMA located at 1,722 and inside the symmetrical triangle formed on July 21st. Investors…
GBP/JPY undecided, triangle Ppttern in play
GBP/JPY Moves Sideways! GBP/JPY continues to move sideways in the short term, so we'll have to wait for a fresh trading opportunity and for a c…
XAU/USD Sideways Movement! The price of gold continues to move sideways in the short term. The price action developed a triangle pattern. So, perso…
GBP/USD building triangle as bearish pattern
The GBP/USD pair is trading in the red at 1.2232 at the time of writing. In the short term, the pair moves sideways, so we'll have to wait for th…