AUD/CAD continues to rise inside the well-formed Rectangle chart pattern was previously identified by Autochartist on the daily charts. Autochartist measures the Quality of this Rectangle at the 7 bar ...

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 rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Unlike evolved technical analysis, which relies on indicators such as ...

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 ...