Chart Patterns & Algorithmic Trader (Dec. 09, '19) (53)
NDAQ Rectangle Channel Pattern
s
Reviewed in CPAT
NDAQ (Daily) is trading in Rectangle Channel pattern. Channel boundaries
are 105.26 and 93.46. Mid Channel Level is 99.36 and channel depth is: 11.8.
Price is trading between upper and lower trendlines. Breakout targets are:
111.2 to 117.1. Breakdown targets are: 87.6 to 81.7.
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