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Rectanglepatterns

EURUSD Long Looking at the 4hour chart of EURUSD, it can be found that an inverted Head and Shoulders is forming as seen drawn on the chart above. This signals very strong bullish movement. A triangle formation is able to be formed as well in the 4 hour time frame (Not shown here) which corresponds with a bullish movement as it breaks upward from the triangle. Looking into the smaller time frame (15min), a rectangle pattern has been formed and broken upwards which indicates strong bullish movement.
Long
by warrenwonder
MSFT - rectangle formation - watch outHi 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 formation. Look for breakouts and be careful on both the RSI as well as price points. Happy to answer any specifics If you like what you see, please share a thumbs up. Happy to hear your comments too, they can be helpful to continue learning and keep posting these free ideas and analysis. Cheers
NASDAQ:MSFTEducation
by LoveForCharts