​Technical Analysis - Chart Pattern - Bullish Rectangle

​Technical Analysis - Chart Pattern - Bullish Rectangle 
Formed when the price consolidates for some length in an upswing.
This happens due to the fact that purchasers may want to pause and catch their breath before taking the pair much higher.
In this scenario, price broke the top of the rectangle chart pattern and continued to shoot upward.
Look at the chart, how the price climbed all the way upward after breaking above the top of the rectangle formation.
If we had a long order on white top of the resistance level and stoploss at lower point of second candle, we would’ve caught some pips (“percentage in point” or “price interest point”) on the trade!