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 ...

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, ...

A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...

Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...

one of the most common questions I get asked when I share a rectangle-shaped pattern is how many chains are needed to achieve a certain size and guess what it's a very simple formula to figure this ...

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 ...

Joey Fundora has 17+ years of experience as an independent stock trader, specializing in discretionary swing trading through technical analysis. Bullish flag formations are found in stocks with strong ...