Stoploss.ch

Stoploss.ch

Technical Market Research and Investor Coaching

Delivering technical research of the financial markets
and offering professional guidance for those who wish to improve their trading performance.

Chart Patterns

Symmetrical Triangle

Pattern Description:

A symmetrical triangle engulfs a period of market consolidation in which the range narrows with lower highs and higher lows. This pattern gives no clues as to the direction of the eventual breakout. It can be either upward or downward.
Symmetrical Triangle

Featured Video

How to use Option Watch in XENITH

Kelly Clement shows how to use Option Watch in XENITH Real-Time Market Data and News.

Featured Article

How to Take a Loss

by Brett N. Steenbarger, Ph.D.
There are quite a few books written on how to make money in the market. Some of them are even written by people who have made money as traders! What you don’t see often, however, are books or articles written on how to lose money. “Cut your losers and let your winners run” is commonsensical advice, but how do you determine when a position is a loser? Interestingly, most traders I have seen don’t formulate an answer to this question when they put on a position. They focus on the entry,...
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Technical Review

Ripple - Is the period of consolidation over?

2025-01-02 by Tim Straiton

The price of ripple at the time of writing is 2.4110 and trading above the  50 day rising moving average of 1.9850 and also above the 200 day rising moving average at 0.9077. The descending triangle pattern currently defines support at 2.0050 and resistance at 2.5320.

The 14 day relative strength index suggests that current downside is limited, while the MACD - V indicator remains in the bullish sector and about to gain upside momentum. Fibonacci 61.8% upside projection target comes in at 3.51, based on the 2.9040 - 1.9230 range, while the 38.2% upside target is 3.278.


Disclaimer

Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.

Featured Site

macroaxis.com

Site Description:

The world's most powerful wealth optimization platform
https://www.macroaxis.com/