Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The Bearish Rectangle gives a ‘sell’ signal when the price goes below the support line.
Formula:T = S – H Where: T –target price S – support level (pattern’s low) H – pattern’s height (distance between support and resistance)
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