Rectangle + Supertrend Strategy

The earlier you catch a breakout, the more profits you make :chart_with_upwards_trend:

If you’re able to identify the 'usual range’ within which a stock is trading, you’ll be able to catch its breakout early. A rectangle pattern will help you identify that ‘usual range’.

A rectangle is a chart pattern that is formed when the price of a stock stays within an upper and lower limit. The price movement should generate at least 2 swing lows near a common level, and 2 swing highs near similar levels as well.

Learn how to combine the knowledge of a rectangle pattern and the Supertrend indicator for an effective swing trading strategy in our latest newsletter issue :white_check_mark:

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