Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is used in technical ...
Oil faces downside risk as supply glut grows despite geopolitical tensions and strong Chinese demand. WTI could revisit $60 support; technical structure favors bearish setups until a clear reversal ...
Trading in Occidental Petroleum Corporation (NYSE:OXY) is quiet on Monday. But the stock is still in an uptrend and it may continue to remain in it. A classic ascending triangle pattern has formed on ...
XRP, the world’s third-largest cryptocurrency, has entered a critical phase. After its powerful rally above $3.50 in July, price action has narrowed into a symmetrical triangle, signaling a standoff ...
In a landmark moment for the Mithilanchal region and the global Hindu community, Union Home Minister Amit Shah and Bihar Chief Minister Nitish Kumar will today lay the foundation stone for a grand ...
As gold trades within consolidation, technical support and a bullish weekly breakout increase the odds of continued strength and a move toward new highs. Gold took a rest on Wednesday and consolidated ...
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Shiba Inu's (SHIB) dollar-denominated price hit a one-month high, charting a bullish trend against Bitcoin. However, the outlook against its rival, dogecoin, doesn't look as promising. SHIB has gained ...
Dogecoin has stabilized near $0.17 after a 4.6% decline, with strong support forming at the $0.166–$0.167 zone. Despite recent weakness, the surge in large wallet accumulation and easing macro ...
Gold consolidates within the ascending triangle and prepares for the next strong move, while silver has formed a cup pattern above $35, indicating that the price is ready to break higher. Gold (XAUSUD ...
“SBI stock broke out above an inverted head & shoulders pattern before entering a consolidation phase, where prices traded within a defined range. Traders can buy for a target of Rs 870-875 in the ...
Shiba inu (SHIB) whales went bargain hunting early this week after prices dropped to a 16-month low of $0.00001005. According to CoinDesk's AI research, whales purchased 10.4 trillion SHIB tokens, ...