The market has been forming a rectangular chart pattern with a slight upside bias since bottoming at $1453.10 on November 12. The two higher bottoms at $1456.60 and $1463.00 and the two higher tops at ...
The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...
EUR/CAD has broken below the base of a multi-month price pattern. It is likely to go lower if the break is decisive and it can pierce below the 200-day SMA. Joaquin Monfort is a financial writer and ...
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CEAT shares signal near-term weakness; check the pattern and details
India, Jan. 22 -- CEAT Ltd, after a phase of sideways consolidation in recent sessions, has formed a rectangular channel ...
A. A chart pattern is a visual representation of price movements. When data is plotted, a pattern naturally occurs and repeats over a period of time. In short, they are geometric shapes found in ...
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