In technical analysis, classic chart patterns have varying degrees of success in predicting where a stock is headed. Several studies have shown that certain patterns have historically been right 80% ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is used in technical ...
Technical analysis patterns offer a structured way to read the collective psychology of the market, translating chaotic price action into recognizable, repeatable setups. For the individual investor, ...