Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...

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 ...

GBP/AUD continues to rise inside the daily Rectangle chart pattern which was earlier identified by Autochartist. Autochartist rates the quality of this Rectangle at the 7-bar level – which is the ...

A. A chart pattern is a visual representation of price movements. When data is plotted, a pattern naturally occurs and repeats over a period of time. In short, they are geometric shapes found in ...

Cryptocurrency trading can feel like you’re navigating a maze without a map. With digital assets’ prices swinging wildly, understanding crypto chart patterns becomes your secret weapon. These patterns ...

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 ...

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 ...

A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...