These triangles generally represent continuation patterns or pauses in a major trend ... one can also use Fibonacci analysis on the flag formation to give you an objective entry-level protective ...

Key Fibonacci levels indicate resistance and ... JTO's daily chart reveals a prolonged consolidation phase within a symmetrical triangle pattern, with the price gradually forming a higher low ...

Fibonacci extensions are also commonly used with other chart patterns such as the ascending triangle. Once the pattern is found, a forecast can be created by adding 61.8% of the distance between ...

The question remains, what will pound-yen do for an encore? The answer may rest in the symmetrical triangle chart pattern and Fibonacci. Learn Forex: GBPJPY Daily Chart Symmetrical Triangle ...