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A continuation pattern is an indication that a price trend in the financial markets will continue even after the pattern completes.
Basic bullish triangle shows that Alibaba can be trading in the middle of subwave D of a larger bullish ABCDE triangle pattern within higher degree wave B before a breakout higher for wave C.
A triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. The triangle pattern contains five overlapping ...
XRP has been consolidating within the pattern shown below, characterized by two converging trend lines that suggest a buildup of momentum.
XRP surged 12% to extend weekly gains to over 40%, beating other major tokens. A bullish triangle pattern on XRP's long-term price charts and a substantial increase in open interest suggest more ...