The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Unlike evolved technical analysis, which relies on indicators such as ...
The chart patterns identified are based on established principles of technical analysis and are presented solely for informational purposes. These should not be misconstrued as a recommendation to buy ...
The rectangle tends to be a reversal pattern. I love the pattern because its boundary lines are horizontal, meaning that a successful breakout also resolves the complete congestion zone. The targeting ...
The stock market is a constant tug of war between buyers and sellers. When this tension finally breaks, the resulting surge of momentum can lead to some of the most profitable and exciting trades an ...
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