The stock market appears to be heading toward one of those rare occasions, when a record high contributes to a bearish technical pattern, that suggests the biggest selloff of the year could be right ...
Bitcoin’s price deviates 12% from its all-time high, but an oversold STH MVRV metric could trigger a breakout toward $260,000. Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play ...
The market is shouting something. Can you hear it? The Dow Jones industrial average's (Dow Jones Global Indexes: .DJI) move to a record high is a bullish breakout of a pattern that's kept it contained ...
In detail, megaphone setups consist of a minimum of lower lows and two higher highs forming during a period of high market volatility. But, generally, these patterns consist of five consecutive swings ...
The overarching pattern in stocks that I have been following for years is called a megaphone pattern. It is simply a series of higher highs and lower lows. The S&P 500 traced out a large megaphone ...
The West Texas Intermediate Crude Oil market initially tried to break above the $65 level during the trading session on Tuesday but gave back the gains to show signs of exhaustion again. We are ...
The GBP/USD went exactly as expected both on my LIVE trading webinars and FXstreet poll. It was a bit messy due to Megaphone pattern so we could have traded it both to the long and short side, but ...
Bitcoin (BTC) charged toward $90,000 during the early Asia trading hours on Monday as a key market metric suggested a ...