"Good judgement is usually the result of experience and experience frequently is the result of bad judgement. -Robert Lovell "

Channels Patterns
Rectangle patterns are continuation patterns showing indecision in trader’s sentiment about bullish and bearish conditions. Rectangle patterns are reliable patterns since the direction of the breakout/breakdown is known during the rectangle formation. These patterns are continuous and follow in the same prior direction (Up or Down) after the pattern formation. Rectangle formations are bound by two horizontal trend lines, where prices oscillate between the highs and lows. The prices must intersect these trend lines at least twice before a breakout or breakdown can result. The volume within the pattern is usually quiet and increases during the breakout/breakdown stages.
WYNN_CHANNEL_FEB271713.png
CTRP_CHANNEL_FEB23171.png
AZO_CHANNEL_FEB16175.png
DXY_CHANNEL_FEB13175.png
CHKP_CHANNEL_FEB08179.png
CHKP_CHANNEL_FEB07178.png
AMGN_CHANNEL_Jan27173.png
CHKP_CHANNEL_Jan13176.png
LULU_CHANNEL_Dec08169.png
CAVM_CHANNEL_Dec07169.png
WYNN_CHANNEL_Nov111613.png
WYNN_CHANNEL_Nov021620.png
WYNN_CHANNEL_Oct251616.png
WYNN_CHANNEL_Oct211612.png
CMG_CHANNEL_Oct201621.png
CMG_CHANNEL_Oct191610.png
CMG_CHANNEL_Oct181616.png
WYNN_CHANNEL_Oct181615.png
WYNN_CHANNEL_Oct11162.png
WYNN_CHANNEL_Oct11166.png
CMG_CHANNEL_Oct07165.png
WYNN_CHANNEL_Oct06165.png
CMG_CHANNEL_Oct041612.png
WYNN_CHANNEL_Oct03162.png
NFLX_CHANNEL_Oct03169.png
CMG_CHANNEL_Oct03168.png
CMG_CHANNEL_Sep301610.png
WYNN_CHANNEL_Sep30168.png
SSYS_CHANNEL_Sep291628.png
CMG_CHANNEL_Sep291627.png