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.
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 ...
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XRP price attempts trend reversal
XRP pushed through the $2.10 resistance zone and is developing a price structure that, if sustained, could carry Ripple’s ...
Nio stock price remains in a deep bear market this year after falling by ~40% from its highest point this year.
The Nio stock price has suffered a big reversal in the past few weeks as concerns about the Chinese electric vehicle (EV) industry continued. It dropped to the psychological level at $5, its lowest ...
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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