Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...

Melvin Pasternak has spent 27+ years teaching at Mount Royal University and is the author of 21 Candles Every Trader Should Know. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...