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Bearish and Bullish Rectangle Patterns by Justine Chinenyeze is a document available to read on EtoBox.
What is Bearish and Bullish Rectangle Patterns about?
- Rectangle chart patterns indicate continuation of a price trend and occur during periods of consolidation where the market lacks conviction about moving up or down. Bearish rectangles occur during downtrends while bullish rectangles occur during uptrends. - Bearish and bullish pennants are triangular continuation patterns that form during downtrends or uptrends respectively, signaling that the trend will likely continue once the pattern is broken. - Symmetrical triangles occur when the market makes lowe
- Author
- Justine Chinenyeze
- Language
- EN