Trading breakouts in forex pairs can be profitable for traders who know how to properly implement a breakout trade. Breakouts can be to the upside as well as the downside, and they typically occur ...
Discover how to identify retracements vs. reversals. Learn about their significance, key characteristics, and strategies to ...
Chainlink breakout nears as LINK trades inside a long-term Triangle pattern. Analysts eye $100 target if resistance is broken, signaling bullish momentum ...
Crude oil powered higher on Thursday, extending Wednesday’s gains to a high of $62.56, testing resistance at the 50-day moving average. The rally, sparked by a breakout above the 20-day average at $60 ...
Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades. Buying an asset in a downtrend can be a risky maneuver ...
Bitcoin BTC $112,381.21 has rallied nearly 10% this week, pushing through a trendline characterizing a two-month downtrend and the 50-day simple moving average of the price. The so-called trendline ...
“…the strong rally from its 200-day moving average pushed the SPX back above the level that marked its trendline breakout in January at 3,970. Additionally, the ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...