Learn range-bound trading techniques to identify price channels, buy at support, and sell at resistance. Discover how to enhance your strategy using technical indicators.
In this article, we will try to develop a trading system on the CME-listed Heating Oil (NY Harbor ULSD), with the idea of diversifying into energy futures. Similar to gasoline futures (RBOB Gasoline), ...
The 20-EMA currently sits at $0.262 and continues to act as dynamic support, while the 50-EMA and 100-EMA at $0.246 and $0.229, respectively, offer additional downside buffers. Momentum indicators ...
If you want to improve your trading strategy, consider using the Keltner Channel. It's a reliable and versatile indicator that can help you identify trends, breakouts, reversals and volatility in the ...
Crude oil has flipped from channel-bound weakness to clear breakout footing with the 50-day average now the immediate hurdle. A daily close above $60.06 and sustained hold above the 50-day confirms ...
Consolidation from Bitcoin would allow Ethereum to double bottom in its BTC pair and possibly breakout from the ascending channel in its USDT pair. In the past week, altcoins prices received a ...
In financial markets, the best entry opportunity is often fleeting and easily missed. Now, Solana's SOL is flashing a timely second chance for those looking to trade bullish breakouts. The SOL price ...
A price channel, in Technical Analysis Trading, is a simple but powerful graphical pattern. It is created when a security’s price remains contained between two parallel trendlines: an upper line ...
XRP trades at $2.64, approaching the apex of a long-standing triangle formation. Momentum and outflow data suggest tightening supply and growing accumulation. A breakout above $2.73 could target $3.00 ...