Rectangle Formation for Starters

Don't get stuck like candles! Regardless of how volatile the prices are, remain focused on winning with this course.

Technical Analysis
Turkish
TRY 95.92TRY 119.90

23 minute total time
7 downloadable documents
Lifetime access
Watch on all platforms

Acquirements

  • Basic terms of the formation
  • Price range estimate
  • Ability to analyze graphics
  • Choosing the right investment instrument

Description

A resting or consolidation region that joins bottoms and tops and is positioned between two parallel lines is often described as a rectangle pattern. In the horizontal plane, these lines may occasionally be slanted upward or downward. It typically appears when there is no discernible trend direction and prices are flat. Prices revert to the trend prior to the formation for those who do so inside a certain trend. In these situations, the prices of the bills migrate away from the point of breaking at the quadrilateral formation's exit by at least the length of the quadrilateral.

The purpose of this course is to explain price consolidation that occurs during market swings or the rectangle formation, which is the most basic and often utilized formation for determining how far prices may go after resting. With this training, concerns like when prices, which have been locked in a horizontal area following market activity, will release themselves from this structure and what level they will reach at that time, will be resolved. With a straightforward and basic expression style that is packed with examples, you will be able to accurately assess pricing.

Tutors

Ahmet Mergen
Ahmet Mergen
Strategist

Course Content

2 chapters4 videos23 minute total time
Introduction
  • Introduction and Rectangle Formation05:38
Example Charts and Explanations
  • Example Charts and Explanations 105:53
  • Example Charts and Explanations 205:55
  • Example Charts and Explanations 305:39

Related Courses

TRY 95.92TRY 119.90

23 minute total time
7 downloadable documents
Lifetime access
Watch on all platforms