Price channels A price channel is a pair of parallel trend lines that form a chart pattern for a stock or commodity. Channels may be horizontal, ascending or descending. When prices pass through and stay through a trendline representing support or resistance, the trend is said to be broken and there is a “breakout”.     Want to learn how to recognize channels, patterns, support and resistance levels and make perfect technical analysis? – Sign up for a free consultation! Try now a free demo or open a live account with the world’s best brokers (we advise to work with one of these regulated veterans in the industry) BEST BROKERS by Spread, Leverage, and speed of withdraws: 0.0 Spreads | 500:1 Leverage (up to) | FCA (UK), ASIC (AU), FSP (NZ), FSP (SA), CySec (CY) Regulated 0.0 Spreads | 500:1 Leverage (up to) | FCA (UK) Regulated, ASIC (AU) Regulated 0.0 Spreads | 500:1 Leverage (up to) | ASIC (AU) Regulated 0.0 Spreads | 500:1 Leverage (up to) | ASIC (AU) Regulated 0.0 Spreads | 500:1 Leverage (up to) | FCA (UK). ASIC (AU), CySec (CY) Regulated 0.0 Spreads | 500:1 Leverage (up to) | ASIC (AU) Regulated   [siteorigin_widget class=”WP_Widget_Custom_HTML”][/siteorigin_widget]