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 ...

Natural gas prices continue stabilizing around the February low; a Bearish Rectangle chart pattern is brewing on the four-hour chart and keep a close eye for a potential breakout and key levels to ...

Natural gas prices continued a broader losing streak since the summer of 2022 last week. Following a brief pause on the week of February 6th, the commodity fell 9.5% over the past 5 trading sessions.

GBP/AUD continues to rise inside the daily Rectangle chart pattern which was earlier identified by Autochartist. Autochartist rates the quality of this Rectangle at the 7-bar level – which is the ...

The rectangle tends to be a reversal pattern. I love the pattern because its boundary lines are horizontal, meaning that a successful breakout also resolves the complete congestion zone. The targeting ...

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 ...

As mentioned in late February, we believe the onshore yuan is in the process of forming a double bottom against 6.26 per US dollar, in what now looks like a rectangle chart pattern. This has taken ...