Rectangles & Ranges: Trading the Box | Top 10 Chart Patterns #7

A range is when price bounces between flat support (the floor) and flat resistance (the ceiling), confirmed by repeated equal touches — equal highs at resistance and equal lows at support, two or more of each. A break of either side can often run in that direction. You can trade the bounces inside or wait for the breakout (a close outside one side) — but watch for a false break that pokes out then snaps back inside, since the pattern can fail on forex, indices, commodities, crypto or any chart. Educational content only, not financial advice.

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