triangle pattern

On the four hour chart of EURJPY, the prices recently broke out of a consolidation formed within Symmetrical Triangle pattern. This brought the pair to break above the previous swing high just above the 126.483 handle, as bulls gained momentum in the pair. Moreover, the formation of bullish...

GBPUSD is forming a triangle pattern on daily chart. Resistance is at the upper trend line of the pattern, as long as this trend line resistance holds, sideways movement could be expected to continue and next target is to test the support of the lower trend line. On the upside, a clear break...