Intro
The moving average is one of the most versatile & widely used of all technical indicators.
Because it can be easy to understand, quantified & tested.
Chart analysis is largely subjective.
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✅Most technician use multidimensional approach to market analysis by tracking the movement of 3 sets of figures- price, volume & open interest
✅Here I will share analysis on volume.
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✅It represents a pause in the trend during which prices move sideways between two parallel horizontal lines
✅The rectangle is sometimes called “trading range” or “a congestion area”
✅Bullish rectangle pattern example: #abbindia 2/
