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Several different types of classic continuation chart patterns exist, including triangles, flags, pennants, rectangles and some wedges, as well as various candlestick pattern forms that suggest ...
This article conducts technical analysis and provides forecasts for top trending stocks like Plug Power (PLUG), Uber, and ...
A flag is a technical charting pattern that looks like a flag on a flagpole and suggests a continuation of the current trend. ... the patterns are referred to as a wedge or pennant pattern.
If you are looking at a stock chart and see a rectangular shape, you may be looking at a flag pattern. ... Wedge patterns come in two directional varieties; rising slope and falling slope.
Bitcoin’s market structure on the weekly timeframe shows what some analysts have described as a bull flag or broadening wedge pattern, which if completed would send BTC to new all-time highs.
XLM broke out of a long-term descending wedge. Wave (iv) may end with a breakout from the bullish flag likely. The next resistance lies at $0.319 and $0.357. Stellar (XLM) has shown a significant ...
"A rising wedge pattern is forming within the bear flag pattern, strengthening the case for this fall lower and potential test $16,400." Macro leans bearish.
While falling wedges are traditionally bullish patterns, respected chartist Xanrox is raising a red flag: Bitcoin's chart might look like it's lining up for another leg higher, ...
XRP risks deeper losses as a bear flag breakdown and weekly resistance rejection point to a possible retest of $2.00 and even $1.74 in ... The price has since formed a falling wedge pattern, ...
AUDJPY pair is sharply and impulsively recovering after we spotted the wedge pattern, so it’s now rising in minimum three waves A/1-B/2-C/3 that can retrace the price back to the starting point ...