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 ...

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 ...