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 market has been forming a rectangular chart pattern with a slight upside bias since bottoming at $1453.10 on November 12. The two higher bottoms at $1456.60 and $1463.00 and the two higher tops at ...
The EUR/GBP pair is trading in a sideway pattern on a four hour time frame. This means that we do not have any clear trend when it comes to this timeframe and the price is trading within a range as ...
EUR/CAD has broken below the base of a multi-month price pattern. It is likely to go lower if the break is decisive and it can pierce below the 200-day SMA. Joaquin Monfort is a financial writer and ...
Boeing Company (NYSE: BA) is trading mostly in a rectangular pattern on a daily time frame. However, recently, the price action has shown more volatility as the price has pierced the Bollinger® band ...