Rectangle Channel Chart Pattern
bearish rectangles are continuation patterns that occur when a price pauses temporarily during a downtrend – they offer you a selling opportunity. ... you place your profit target the same distance below the rectangle's original support level as the distance between the rectangle's two parallel lines.
bearish rectangles are continuation patterns that occur when a price pauses temporarily during a downtrend – they offer you a selling opportunity. ... you place your profit target the same distance below the rectangle's original support level as the distance between the rectangle's two parallel lines.