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 ...
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 ...
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 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 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 ...
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 ...