The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. It can be successfully traded by buying at support and selling at resistance or by waiting for a breakout from the formation and using the measuring principle. 📍Understanding the Bullish Rectangle Candlestick Pattern The bullish...
In this above chart we can see about the trend continuation patterns such as pennant triangle,rectangle and flag patterns
Welcome Traders >> We Have Here Educational Lesson To How To Trade With $RECTANGLE_PATTERN 💠 Sell Pattern 💠 1- Draw The Channel 2- Waiting For Break Out Down And Test To Entry 3- Set Stop Lose At Middle Of The Rectangle 4- Set Take Profit Double Stop Lose ( Example : Sl 30 Pips : Target 60 Pips ) 💠 BUY Pattern 💠 1- Draw The Channel 2- Waiting For Break...
NSE:SBIN looks like it is bouncing from demand zone on a monthly timeframe. If this demand fails, we can see it in double digits.
Hi Friends, Look at this chart for NASDAQ:MSFT . Interesting to see how breaks on supports on RSI and identifying divergences may allow to identify possible good exits and maybe a avoid big falls. When you see divergences, go down to lower time frames to identify exits/ entry levels Chart is self explanatory. At this moment, price has moved into a rectangle...