Forex Trading course for Beginners
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    Rectangle Chart Patterns
    A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels. A rectangle shows a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has taken over. The price will “test” the support and resistance levels several times before eventually breaking out. From there, the price could trend in the direction of the breakout, whether it is to the upside or downside. We just have to wait until one of these levels breaks and go along for the ride!

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