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 period 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 and lows that can be joined with horizontal trend-lines 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