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Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A broadening formation is a price chart pattern identified by technical ...
A triangle is a continuation pattern used in technical analysis that looks like a triangle on a price ... (MA): Purpose, Uses, Formula, and Examples. Darvas Box Theory: Development, Definition, ...
ThBitcoin price could see a massive upward move and enter price discovery if a bullish chart pattern known as a descending broadening triangle is confirmed, according to a crypto trader.
On 1-Hour Chart, GBP/USD is showing a solid Broadening triangle (Right Angle/Descending Triangle). The following formation tends to be bullish. Being on the bottom of a downtrend, the following ...