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Rectangle

For Only Momentum players.Just A momentum play , execution is the key here, not looking for so big levels, Just a 1:1 (depends upon execution) Trade if you are interested. and just close it around levels. Red Line is Stop on DCB. Green line is Target. All the best. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
NSE:LALPATHLABLong
by Anany_shringi
Three bearish patternsI usually do not trust forecasts made on low time frames. They are often subject to the error of a larger pattern. In other words, they are not always what they appear to us to be. That's why I mostly make charts on 4h+ charts. However, I sometimes make exceptions to this rule. As you can see above, it seems to me that 3 intersecting patterns are forming. As for me, this is a specific kind of polymorphism. The more patterns fit the better. Each of them confirms the further course of events. Hence I conclude that further declines are ahead. Of course, I could be wrong here, but it looks sensible to me. This is not financial advice.
BITSTAMP:BTCUSDShort
by stanosky
3
📈 How to: Bullish Rectangle PatternThe rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. It can be successfully traded by buying at support and selling at resistance or by waiting for a breakout from the formation and using the measuring principle. 📍Understanding the Bullish Rectangle Candlestick Pattern The bullish rectangle candlestick pattern is a chart formation that appears during an uptrend when prices temporarily pause before resuming their upward movement. It represents a period of temporary equilibrium as the price moves sideways. When the price breaks out above the upper resistance level, the pattern is considered valid, and it generates a buy signal. Bullish rectangle patterns are a type of classical chart pattern that indicate a period of indecision between buyers and sellers. They are common and powerful patterns used in breakout trading. On the other hand, the bearish rectangle pattern is the opposite version of the bullish rectangle pattern and follows the same formation and rules but occurs during a bearish market trend. 💥Key Takeaways: 🔹 The rectangle pattern signifies a lack of trend as the price fluctuates between horizontal support and resistance levels. 🔹 Traders have different approaches to trading rectangles: 🔹 Some choose to trade within the rectangle, buying near the bottom and selling or shorting near the top. 🔹 Others prefer to wait for breakouts, which occur when the price moves out of the rectangle. 🔹 The rectangle pattern concludes with a breakout, marking the end of the price's sideways movement between support and resistance levels. 👤 @QuantVue 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
3
EURCHF: Classic Wyckoff Pattern 🇪🇺🇨🇭 Traders, I see a classic Wyckoff accumulation pattern on a daily time frame on EURCHF. After a strong bearish wave, the market started to trade within a horizontal trading range. Even though, the price set a new low, consolidating, the market managed to return to the upper boundary of the range. Yesterday, a high momentum bullish candle was formed. The market successfully broke and closed above the range's resistance. It makes me think that the described consolidation was the accumulation stage and a bullish movement is coming. Goals: 0.9813 / 0.9848 ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
3