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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 ...
A rectangle is a chart pattern formed when price is bound by parallel support and resistance levels. This pattern is where supply and demand are in approximate balance for an extended period of time.
Short-Term Outlook. The series of higher-bottoms and higher-tops are helping to give the February Comex gold market an upside bias, and the elongated rectangular pattern inside a triangle chart ...
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