The Ascending Scallop is a multiple candlestick chart pattern that indicates that a bullish continuation is taking place. This pattern forms close to the peak of an uptrend in the market. The ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The GBP/USD is in a strong uptrend. The market is bullish and the ascending scallop should provide uptrend continuation. The POC zone is bullish for the pair. If the GBP/USD retraces back to 1.3050-70 ...

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 ...

As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...

Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...

EUR/USD is building a descending wedge triangle chart pattern. This indicates a bearish breakout sooner or later. Let’s review the key support and resistance zones. The EUR/USD is building a ...

The GBP/USD is in a strong uptrend. The market is bullish and the ascending scallop should provide uptrend continuation. Dear Traders, The GBP/USD is in a strong uptrend. The market is bullish and the ...