In our analysis on Friday we mentioned an interesting symmetric triangle pattern that emerged on the charts of both the DAX and the SP500. Back then, we were inside of those patterns, waiting for a ...

The USD/CAD failed on Friday to push through triangle resistance, and has since dropped to triangle support. With the market so close to the apex as seen in the daily chart, a break is imminent. Note ...

Triangle: The USD/CAD’s double top spotted on Friday is not relevant anymore as the market is developing a congestion triangle, and is nearing the apex. Still that 0.9910 level appears to be pivotal, ...

-"The May low in USD/CAD is at (exactly) former channel resistance but the recent high is also at a well-defined level. Hmmm…strong support and strong resistance…sounds like conditions for a range ...

The breakouts did happen and, in both cases, were to the downside, which is rather negative information for stock traders. In our analysis on Friday we mentioned an interesting symmetric triangle ...