Gold Price Futures (GC) Technical Analysis – Rectangle, Triangle Chart Patterns Suggest Impending Volatility. By: James Hyerczyk. Published: Dec 19, 2019, 20:57 GMT+00:00.

Triangle Pattern. Tradingview. Pennants ... Rectangle patterns tend to be both reversal and continuation patterns. This classic setup begins with price moving sideways between parallel support and ...

Over longer periods, the pattern becomes a rectangle or triangle. As shown in the figure below, ICFI is moving above the resistance area near $24.50 after consolidating for more than a week.

The first upside target for the pattern lies at 199.59 (blue shaded rectangle), the 61.8% Fibonacci extrapolation of the height of the triangle (at its widest point) higher. GBP/JPY Daily Chart ...