rectangle
rectangle /'rek,tæɳgl/
- danh từ
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minimum bounding rectangle |
rectangle
Từ điển WordNet
- a parallelogram with four right angles
n.
Investopedia Financial Terms
Rectangle
A pattern formed on a chart where the price of a security is trading within a bounded range in which the levels of resistance and tư vấn are parallel to tướng each other, resembling the shape of a rectangle. This pattern signals that the price movement, which has stalled during the pattern, will trend in the direction of the price breakout of the bounded range.
Investopedia Says:
The bounded range, or rectangle, is a period of consolidation in which market participants are generally indecisive. The formation of this pattern will see the price of the security test the levels of tư vấn and resistance several times before a breakout. Once the security breaks out of the range, in either direction, it is considered to tướng be trending in the direction of the breakout.