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.

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 ...

Some traders want to be the first to join the crowd when a stock in the market is on the verge of making a huge move. Trading breakout stocks captivates the attention of most rookie traders for its ...

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 ...

video AUDUSD managed to cross above its rectangle pattern and post a fresh four-month peak of 0.6898 in the past week. However, this advance proved to be short-lived and the pair quickly fell back ...