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 ...
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 ...