Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. CrowdStrike shares are likely to remain in focus after surging more than 9% Tuesday ...

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 ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Amazon shares will remain in focus after the e-commerce and logistics behemoth crossed the ...

In the dynamic world of forex trading, understanding chart patterns is crucial to making the right decisions. One widely used pattern in technical analysis is the consolidation pattern. Consolidation ...

Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...

Oberoi Realty exhibits a robust uptrend, followed by sideways consolidation within a well-defined rectangle channel spanning the Rs 1,600-1,700 range on the 2-hour chart.

Because there is still a considerable gap with the 200-day, it means that there is room for gold's price to break down from the rectangle and correct back. The accumulation line has continued to trend ...

Indian benchmark indices settled with mild gains on Thursday as the profit booking emerged after market gave its thumbs to GST rate cuts. However, ongoing tariff threats from the US exerted a negative ...