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Shabbir Kayyumi of Narnolia Financial Advisors said the rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance.
The price chart below for America Service Group Inc. is an example of a rectangular bull flag. Also, notice the long lower tails on the candles showing clear buying every time it dips under $10.
The Forex rectangle price pattern is a continuation pattern. Since the 300 pip drop from the January highs above 105.30, USDJPY has been locked in a rectangle There are three ways to trade a ...
As mentioned in late February, we believe the onshore yuan is in the process of forming a double bottom against 6.26 per US dollar, in what now looks like a rectangle chart pattern. This has taken ...
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