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Bullish Rectangle

Chart

Bullish continuation with horizontal support and resistance. Price consolidates in range before breakout.

Success Probability:

77%

Pattern Visualization

How to Identify

Parallel horizontal support and resistance
Price oscillates within range
Appears in uptrend
Breakout above resistance continues uptrend

Trading Tips

Continuation pattern. Enter on resistance breakout. Stop below support. Target = rectangle height added.

Bullish continuation with horizontal support and resistance. Price consolidates in range before breakout.

Trading Strategy

Continuation pattern. Enter on resistance breakout. Stop below support. Target = rectangle height added.

How to Identify

Parallel horizontal support and resistance
Price oscillates within range
Appears in uptrend
Breakout above resistance continues uptrend

Risk Management

With a 77% success probability, this pattern offers strong reliability for trading decisions. Maintain standard position sizing.