Bearish Rectangle
A bearish rectangle is formed when the price
consolidates for a while during a downtrend.
This happens because sellers need to pause and
catch their breath before taking the pair any lower.
But first we need to wait for Breakout everytime😉
consolidates for a while during a downtrend.
This happens because sellers need to pause and
catch their breath before taking the pair any lower.
But first we need to wait for Breakout everytime😉
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.