A Rectangle is a method of pattern trading based on a continuation pattern. - The rectangle pattern generally reflects a consolidation period, usually of four to six weeks duration. This pattern regularly features well defined support and resistance levels, which are to be distinguished by horizontal lines.
A position in which the base currency is sold. It is beneficial when a price declines.
A single candle pattern that can appear in an uptrend. It opens higher, trades much higher, then closes near its open. It looks just like the Inverted Hammer except that it is bearish. A shooting star can mark a top but is often retested.
The newspaper definition of a recession is when the GDP rate declines by 2 or more consecutive quarters. The problem with this definition is that it makes it more difficult to say whether the economy is in a recession or not. This definition does not take into account other macroeconomic factors like unemployment.