Square Box Pattern: Recognizing and Trading the Rectangle Range Breakout

The Square Box pattern offers a disciplined, rule-based strategy for capturing short-term gains when a stock breaks out of consolidation. By identifying a stock moving within a rectangular range and waiting for a breakout with strong volume, traders can capitalize on momentum-driven gains. With proper risk management through a well-placed stop-loss, the Square Box setup becomes a reliable method to achieve quick returns in trending markets.

Source : Understanding the Square Box Pattern