Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.

Bitcoin (BTC) price broke out from a descending trendline pattern after forming a local bottom at $100,300 on June 6, and now the asset looks set to retest its all-time high. On the weekly chart, a ...

Knowing how to read and interpret charts is one of the most important aspects of trading. We explore the cup and handle pattern, as well as the inverted cup and handle, and show you how to trade when ...

Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers to ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...

Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...

Recent moves in the S&P 500 index have at least one chart expert seeing a bearish technical pattern. Northman Trader is seeing what most analysts describe as a head-and-shoulders formation in the S&P ...