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 ...
Most traders know dozens of chart patterns. Very few know which ones actually perform best. We focus on probability. Especially for prop traders operating under trailing drawdowns, daily loss limits, ...
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 ...
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