Volatility in the price of gold has been contracting as it has formed a potential bear pennant consolidation pattern. It follows a sharp one-day drop from the 2,388-swing high (C), which generated the ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...

Natural gas further consolidates on Wednesday within a bear pennant pattern. It is on track to end the day as a relatively narrow inside day. Yesterday’s low of 1.65 approached a test of support at ...

Pennants are formed by a series of lower highs and higher lows as price coils into a tightly-wound spring. The immediate bias is neutral with prices trapped in a pennant, a triangular-shaped ...

Sell the BTC/USD pair and set a take-profit at 84,000. Add a stop-loss at 90,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 90,000. Add a stop-loss at 84,000.

Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...