A Rectangle is a continuation pattern that forms as a trading range during a pause in the trend. The pattern is easily perceptible by two comparable highs and two comparable lows. The rectangle can serve as either a reversal or continuation formation. As a reversal pattern, it ends a trend either up or down. As a continuation pattern, it signifies a pause in the prevailing trend, with the expectation that the prior trend will eventually resume.
The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance.
We invite you to meet Mekness investment world. You can follow the steps below to be an online investor with us.
You can fill the free demo account form on the side to open an unreal account and try the market without any risk.
You can apply to open a real account to enter the world of investment.
After depositing the initial investment you can easily start to trade.
LEGAL: This website is operated by Mekness LLC incorporated with company number 524 LLC 2020. Registered Address: Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadines. P.O. Box 2897. Operational Address: Sherina Plaza 3, Office Number 208, Opposite Deira Metro Station, Al Cornich Road, Deira, Dubai, UAE
Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss
of your invested capital. Your capital is at risk. Leveraged products may not be suitable for everyone.
Restricted Regions: Mekness does not offer its services to residents of certain jurisdictions such as USA, Canada, Japan, Iran, Cuba, Sudan, Syria and North Korea.