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.
Day-traders wouldn’t exist if it wasn’t for charts, graphs, and patterns. Technical analysis is the key used by intraday traders and most short-term traders to analyze price movements. Technical ...
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 ...