Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...

Rectangle pattern breakout suggests buying opportunity in IRCTC: Shabbir Kayyumi A rectangle is a chart pattern formed when price is bound by parallel support and resistance levels. This pattern is ...

Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

USD/CAD may test its immediate support at the psychological level of 1.4250. The bearish bias may diminish if the pair rises back to the rectangular pattern. The pair could approach the primary ...