A bearish inverted hammer candlestick pattern on the weekly chart, coupled with a drop below last week's low, suggests increasing selling pressure. Silver peaked at a trend high of 25.00 last week.
As I mentioned in a recent Charts in Play, flag formations are one of my favorite chart patterns to trade. These triangles generally represent continuation patterns or pauses in a major trend.
A Bull flag pattern is forming, targeting $136K, which aligns with the 3rd of the 3rd wave target for the rally that started early April. Figure 1. Bitcoin’s daily price chart with our preferred EW ...
Inside The Incredible World Of Fractals, The Beautiful Patterns That Investors Use To Analyze Charts
This week, Business Insider has been running a series of math tricks, statistical rules and trading patterns that have investors split in two: skeptics and fanatics. Today we continue with a concept ...
While the markets and media were obsessed with last week's Fed nonevent, they missed a huge move in gold. In the run up to the FOMC meeting, gold was in the grips of a two-week slump. But right after ...
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