Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.

AUD/CAD continues to rise inside the well-formed Rectangle chart pattern was previously identified by Autochartist on the daily charts. Autochartist measures the Quality of this Rectangle at the 7 bar ...

The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...

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 ...

Natural gas prices continue stabilizing around the February low; a Bearish Rectangle chart pattern is brewing on the four-hour chart and keep a close eye for a potential breakout and key levels to ...

(MENAFN- GetNews) Cryptocurrency trading can feel like you're navigating a maze without a map. With digital assets' prices swinging wildly, understanding crypto chart patterns becomes your secret ...

I believe the stock market has changed for the better in the past few weeks. Fundamentals are still bearish, but the economic news has been a little better. Most importantly, the technicals have ...