A descending channel is a chart pattern that indicates a downward trend in prices. It is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines.

Stock chart patterns can be easily read once you gain experience in the market. It’s all about spotting the opportunity as it arises. Technical analysts look for price patterns, and you can ...

Here are 10 of the most dependable stock chart patterns to know. Technical analysis can make you money. ... The result is a downward sloping channel that looks like a handle to the cup.

Gold rebounds from the support of the ascending triangle and looks for its next move, while silver is forming a cup pattern ...

Chart Patterns are known to be the best market analysis mechanisms. Well, we got one here: A Descending Channel pattern appeared at the EUR\CAD; Pattern is extremely strong, as price respected the ...

Because there is still a considerable gap with the 200-day, it means that there is room for gold's price to break down from ...