RECTANGLE BOTTOMS TUTORIAL
A Rectangle Bottom is a short-term bullish reversal pattern. A decrease in volume often precedes this formation.
In Bull Markets, these patterns breakout to the upside 85% of the time.
A Rectangle Bottom is preceded by a downwards price trend. Price action will compress between two horizontal trend lines.
Price will bounce between...
TROY is starting to make a move again to come up retest the downward trend-line resistance.
This key trend-line acted strong bases to kick the price down to Lower Lows before. If TROY fails to break this line,
I'm expecting a potential retest of previous Low and potential form a double bottom and finally try to break this bullish pattern to the...