#RECTANGLE is one of my favorite horizontal chart pattern setup. Here is a short video on how a rectangle can form, breakout, complete its re-test and resume towards its price target.
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Posts with #rectangle
Public posts on X that use #rectangle.
Aksel Kibar, CMT @TechChartsStill a breakout candidate with a quick test of the lows and close at the highs for the week. Link for the stock in the post below. #TECHCHARTSMEMBERS
Aksel Kibar, CMT @TechChartsBreakout and rally to price target is categorized as Type 1 and they usually exceed price objective. A good way to capture more of the upside is with a trailing ATR stop-loss. I can come across a #SILVER type of rally any day of the year. That is why I always suggest keeping a large research universe and apply mostly horizontal breakouts.
Aksel Kibar, CMT @TechChartsBoom... Rectangle and H&S bottom reversal. Rectangle is the launching pattern increasing conviction in this setup.
Aksel Kibar, CMT @TechCharts$EWS Long-awaited momentum pick up. A long weekly candle will be great.
Aksel Kibar, CMT @TechCharts#TECHCHARTSMEMBERS Breakouts page is updated with the latest chart pattern reliability numbers. Latest strength in Global Equities resulted in successful pattern completions especially for #rectangles. Success rates improved. There are now several H&S continuations under #watchlist. It will be interesting to see the progress into the second half of the year.
Aksel Kibar, CMT @TechCharts