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Brent crude oil price has stabilized a bit in the past two weeks as concerns about demand and supply remain. What next for ...
Descending triangle patterns are formed the same way but are found in falling rather than rising stocks. They are revealed in low points that are consistently getting lower. Symmetrical triangle ...
Elliott Wave count suggests an upcoming breakout scenario. The price of STORY (IP) has been forming a falling triangle ...
Traders use these patterns to spot potential breakout ... Meanwhile, descending triangles are bearish, with falling highs and a flat support level. Symmetrical triangles are more or less neutral ...
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WTI crude oil price analysis: here’s why it may crash to $40One of the top reasons why the WTI crude oil price will continue falling is that it has formed a descending triangle pattern on the monthly chart. This triangle is made up of a horizontal line at ...
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