This pattern is akin to a bearish rectangle or bearish pennant, signaling sustained bearish pressure. Understanding its implications can help you anticipate bearish movements and adjust your ...

Most of the patterns on our list are either bullish or bearish, meaning they are predicting a forthcoming up or down move. The rectangle pattern, also known as the trading range pattern ...

Crude oil remains locked in a consolidation pattern, with upcoming moves dependent on holding support or breaking resistance ...

USD/CHF has formed a bearish Two-Bar reversal pattern (red-border rectangle on chart above) on Monday and Friday. These patterns occur at the end of an uptrend when a longer-than-average long ...

Also, notice the developing bearish shooting star candlestick pattern, although not at the high of a trend. It reflects bearish behavior for the day and the potential for a continuation lower.