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 ...
The Nvidia stock price has crashed in the past few weeks as investors remain concerned about the artificial intelligence ...
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 ...
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 ...
Crypto has been under pressure, with two key chart developments being fodder for the bears. “Out of control” Bitcoin price action and a negative moving-average indicator point to additional downside.
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 ...
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 ...
Crude oil markets have initially tried to rally on Tuesday but gave back the gains in order to show lackluster demand at these extended prices. The West Texas Intermediate Crude Oil market initially ...