rectangle is a continuation pattern,
Elliot guide line says these kind of pattern usually happen in 4th wave, wave e of 4 is a risky one because there is a high chance that e wave cannot complete itself, as trader I have stop buy/long above rectangle and I have stop short below the rectangle this is how we can trade with rectangles...
Elliot guide line says these kind of pattern usually happen in 4th wave, wave e of 4 is a risky one because there is a high chance that e wave cannot complete itself, as trader I have stop buy/long above rectangle and I have stop short below the rectangle this is how we can trade with rectangles...