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The Forex rectangle price pattern is a continuation pattern. Since the 300 pip drop from the January highs above 105.30, USDJPY has been locked in a rectangle There are three ways to trade a ...
Bearish rectangle pattern. Source: TradingView. As shown in the above example, the asset is in a downtrend, but when the price reaches a level deemed as undervalued by traders, ...
Over longer periods, the pattern becomes a rectangle or triangle. As shown in the figure below, ICFI is moving above the resistance area near $24.50 after consolidating for more than a week.
Oracle shares closed at a record high on Monday after CEO Safra Catz disclosed bullish new developments about the enterprise software giant’s cloud business. Watch these key chart levels.
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