The first instrument is the CAD/CHF, where we have a beautiful ascending triangle pattern. This is promoting a breakout to the upside and it is happening as we speak. Since today, the price couldn’t ...

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USD/CAD breaks out of a large symmetrical triangle price pattern, activating upside targets. Though it has backed and filled since the break, the probabilities favor a continuation higher. A break ...

USD/CAD is attempting to break out of a triangle price pattern and push higher. A decisive breakout would reaffirm 2024’s uptrend and begin a new more bullish phase. USD/CAD is pushing up against the ...

As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...

Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...

The triangle pattern is believed to be one of the most reliable & popular because its post pattern implications are faster than others. In the study of technical analysis, triangles fall under the ...

USD/CAD (a daily chart of which is shown), which has generally been entrenched in an overall sideways consolidation since late 2009, has now formed a large converging triangle pattern consolidation.

The AUD/CAD has advanced as 1019 pips from its September 2015 low at .9150. However, price action for the pair is currently seen consolidating in a triangle pattern. Traders looking for a continuation ...

Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...

The CAD/JPY has been trading in a triangle since bouncing off 72, and then rejected from 79. The declining resistance goes back to the April 2011 high near 89.40. The support connects the Oct 2011 Low ...