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.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

A scary chart pattern, called the 'death cross,' formed in the chart of the S&P 500 on Friday, signaling traders that there could be more selling ahead. The death cross formation appeared in the chart ...

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 ...

Goverdhan Gajjala is a pattern day trader who takes quick positions on breakouts. He mainly trades small-cap stocks with low floats and high violability. One pattern he plays is what he calls a ...

Shares of NRG Energy, Inc. (NYSE:NRG) came back a little on Wednesday, but they are still in a downtrend. We have made NRG our Stock of the Day. On the chart, a classic double-top pattern has formed, ...

When it comes to forex trading, understanding market movements and price trends is essential for success. One of the most effective tools traders use to navigate this landscape is chart patterns.

U.Today - Crypto analyst on X spots an intriguing pattern on the Bitcoin weekly chart that might trigger a rise to $40,000 if validated. "Carl from the Moon" observes a Bitcoin bull flag formation on ...

Ether risks declining toward the $1,665-$1,725 range in February, according to a confluence of bearish technical and on-chain indicators. ETH breakdown keeps $1,665 downside target in focus. MVRV ...