Rectanglepatterns
$INFU Forming 3 Months #Rectangle #Consolidation #ChartPatternAMEX:INFU been consolidating for 3 months forming a well defined 3 months rectangle chart pattern. the chart pattern is forming right below ATH at $13.25. Once cleared, the breakout should make a run to price pattern target identified on the chart.
#Visa forming 2 months #Rectangle consolidation #ChartPatternVisa forming 2 months well defined continuation rectangle chart pattern setup. Earnings on deck tomorrow so the breakout might not happen until then. Watch price action after the report and for a close above upper boundary on daily basis for a signal the next leg up is starting.
Keep it Simple!
FTS Long Entry anticipating a #rectangle #chartpattern #breakoutBought some FTS on Friday. Interesting setup inside the rectangle pattern. price tested upper boudrey resistance and pull back into 4 support areas conversing. 20 EMA, 200 EMA and small daily gap on July 15th AND short term breakout pullback! Worth a shot. I normally wait for the breakout but this one is interesting to watch how it will play out.
LULU - Breakout$LULU
Flag and rectangle breakout.
I will place a buy above rectangle box around 326 for a 25 $ move minimum being height of box.
If results are good during this move then flag target possible. Another 50 to 25 $
on the whole a good setup.
Also check out ABT. similar looking chart setup.
NZD/JPY Price Action Pattern OPPORTUNITY!Hello Everyone!
Here we have rectangle pattern with fake brake outs. Again, we have two opportunities for both long&Short positioning.
Please be sure, after breaking out pattern, we need more confirmation to take positioning whether up or down side.
Please note that the ideas are not a recommendation for trading
!Good Luck!
EURUSD Long Looking at the 4hour chart of EURUSD, it can be found that an inverted Head and Shoulders is forming as seen drawn on the chart above. This signals very strong bullish movement.
A triangle formation is able to be formed as well in the 4 hour time frame (Not shown here) which corresponds with a bullish movement as it breaks upward from the triangle.
Looking into the smaller time frame (15min), a rectangle pattern has been formed and broken upwards which indicates strong bullish movement.
The recurrence of the crisis of the year 2008This Idea made according to
three Technical Parameters
1-Break in Parallel Channel
2-Rectangle Pattern
3- Crab Harmonic Pattern
it is necessary that told RSI indicates Bullish Trend But it is Clear that Bullish Power is less than bearish Power Like crisis on 2008
MSFT - rectangle formation - watch outHi Friends,
Look at this chart for NASDAQ:MSFT . Interesting to see how breaks on supports on RSI and identifying divergences may allow to identify possible good exits and maybe a avoid big falls.
When you see divergences, go down to lower time frames to identify exits/ entry levels
Chart is self explanatory. At this moment, price has moved into a rectangle formation. Look for breakouts and be careful on both the RSI as well as price points.
Happy to answer any specifics
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