Stock Indices Box Breakout Chart Pattern

Indices Box Chart Setup

Indices box stock pattern is a range with narrow stock price action which forms a consolidation phase in market. The box range is defined by 2 parallel indices trend lines that are horizontal & indicate the presence of support & resistance.

For this box stock chart pattern, price forms multiple highs & lows that can be joined with horizontal trendlines which are parallel to each other. This indices box pattern forms over an extended period of time giving the box pattern its box shape.

A break out occurs when either of the trend line is penetrated and the range is broken - Box Breakout Strategy - Stock Indices Box Breakout Chart Pattern - Stock Indices Box Breakout Indicator.

An upside breakout is a buy stock signal - Box Breakout Strategy - Stock Indices Box Breakout Chart Setup.

A downside breakout is a sell stock signal - Box Breakout Strategy - Stock Indices Box Breakout Chart Setup.

Box Breakout Strategy - Stock Indices Box Breakout Chart Pattern - Stock Indices Box Breakout Indicator - Stock Indices Box Breakout Indicator MetaTrader 4 - Box Indicator Stock Indices - Indices Consolidation Box Indicator MetaTrader 4 - Indices Box Chart Pattern Trading