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Narnolia Financial Advisors Basics of Technical Analysis: Part 16 The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance.
In a rectangle pattern, prices move between support and resistance for some time. This is a consolidation pattern, and it is often seen after a sharp price move. How Traders Use It ...
Gold Price Futures (GC) Technical Analysis – Rectangle, Triangle Chart Patterns Suggest Impending Volatility By: James Hyerczyk Published: Dec 19, 2019, 20:57 GMT+00:00 ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Shannon Fagan/Getty Images A continuation pattern indicates a brief pause in ...
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 ...
Bonanza Creek Energy, Inc. BCEI has been struggling lately, but the selling pressure may be coming to an end soon. That is because BCEI recently saw a Hammer Chart Pattern which can signal that the ...