Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...
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, ...
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.
JB Chemicals hit a record high after breaking out of a two-month rectangular pattern. Analysts see buying on dips, citing ...
The series of higher-bottoms and higher-tops are helping to give the February Comex gold market an upside bias, and the elongated rectangular pattern inside a triangle chart pattern are signs of ...
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, ...
NZDUSD claims 200-day SMA and descending trendline. But the pair fails to rally, extending sideways move. Oscillators improve but remain in negative territories. Stefanos joined XM as a Junior ...
A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...
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.
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