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 is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...

one of the most common questions I get asked when I share a rectangle-shaped pattern is how many chains are needed to achieve a certain size and guess what it's a very simple formula to figure this ...

A continuation pattern is an indication that a price trend in the financial markets will continue even after the pattern ...

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 ...