Learn to recognize rising wedge patterns, indicative of market reversals, and explore trading methods to capitalize on this bearish chart signal effectively.

Bitcoin's rebound to $28,000 has been met with resistance, signaling a potential further decline. A higher network congestion and transaction fees may hinder Bitcoin's growth and affect market ...

Bitcoin's price continues to decline, driven by bearish indicators and patterns such as the symmetrical broadening wedge, double top, and head and shoulders pattern. The decrease in Bitcoin's average ...

Ethereum (ETH), and Ripple (XRP) are holding steady on Wednesday after recording minor gains on the previous day. Technically ...

In our last article, we looked at the continued congestion in GBP/JPY as the pair moved deeper-and-deeper into a symmetrical wedge pattern. For a pair that is traditionally a volatile fast-mover, such ...

- The Dow Jones Industrial Average is testing a confluent area of resistance this morning after a healthy gap-higher, driven by a strong US Non-Farm Payrolls report. - This highlights a short-term ...

Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Khadija Khartit is a strategy, investment, and funding expert, and an educator ...

The Euro gives away previous gains against the Pound and returns below 0.8700. The pair has been trading choppy within a 70-pip range since early October. EUR/GBP price action is forming a symmetrical ...