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, ...

Melvin Pasternak has spent 27+ years teaching at Mount Royal University and is the author of 21 Candles Every Trader Should Know. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

In the dynamic world of forex trading, understanding chart patterns is crucial to making the right decisions. One widely used pattern in technical analysis is the consolidation pattern. Consolidation ...