Bitcoin ( BTC) price has spent most of the week pinned below $120,000, which many analysts have labelled as a key resistance ...

Natural gas remains in consolidation as it further traces out a small broadening formation. It hit a new trend low at 2.02, which is at the lower boundary line of the pattern.

Part 3: Trading Consolidation, Cup and Candle Breakouts. By Ken Calhoun. ... In this article, we’ll be looking at how to trade specific intraday breakout patterns using 1-minute candlestick charts.

It is a consolidation pattern where the trading range expands as the pattern develops. ... Nonetheless, today’s high of 2.17 is near term resistance and the top of the consolidation range.

The ETF has been trading sideways within a rising channel pattern on the daily chart. Discover how Matt Maley trades sharp reversals—live this Wednesday, May 28 at 6 PM ET. Save your free seat now.

Description and Trading Implications: The Head and Shoulders pattern is a reversal indicator, recognized by its three peak formations - a higher peak (head) flanked by two lower ones (shoulders).