Rectangle means ...My understandings on Rectangle :
Rectangle = Range Bound (or Range Trading)
Rectangle at bottom of chart = collection
Rectangle at middle of chart = transition
Rectangle at top of chart = distribution
Which is which, you decide !!!
I think in such "LINE" (just diff names),
if break upper then go up
if break lower line then go down.
because you never know whether it is really the top of the chart or not, chart is created everyday anyway. 1 month later, it might just be a middle of the mountain.
so focus on the LINE itself might also be a way.
if break lower line then go down.
because you never know whether it is really the top of the chart or not, chart is created everyday anyway. 1 month later, it might just be a middle of the mountain.
so focus on the LINE itself might also be a way.
Huasing Association 1999 - 2013