Rectangles and horizontal tchannels and can break either way..similar to a symmetrical triangle in that respect..it is most often a continuation pattern..
Targets for a break to the upside and to the downside are listed..
Mid rectangle (MR) can be a possible stop either way
Not a recommendation
Targets for a break to the upside and to the downside are listed..
Mid rectangle (MR) can be a possible stop either way
Not a recommendation
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.