LINK trades inside a triangle pattern, with analysts eyeing a $16 dip as a buying opportunity and a potential breakout target ...

As I mentioned in a recent Charts in Play, flag formations are one of my favorite chart patterns to trade. These triangles generally represent continuation patterns or pauses in a major trend.

Chainlink (LINK) trades near $21.77, testing $22 resistance as analysts weigh chances of a breakout toward higher levels.

The S&P 500 is trading at new highs. GBPJPY is highly correlated to the S&P 500, but has not broken out of a triangle. GBPJPY has just rebounded from the daily 23.6% Fibonacci level which is bullish.

Gold rebounded Friday, triggering a one-day bullish reversal and confirming a weekly breakout, as buyers positioned for a ...