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, ...

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 ...

The rectangle tends to be a reversal pattern. I love the pattern because its boundary lines are horizontal, meaning that a successful breakout also resolves the complete congestion zone. The targeting ...