Continuation patterns present favorable entry levels to trade in the direction of the preceding trend. Find out which are top continuation patterns to trade.
Continuation patterns can present favorable entry levels to trade in the direction of the prevailing trend. Keep reading to find out more about trading with continuation patterns, and the best bearish and bullish formations to include in your technical analysis.
Bullish continuation patterns appear midway through an uptrend and are easily identifiable. The main bullish continuation patterns are introduced below.is a consolidation pattern that occurs mid-trend and usually signals a continuation of the existing trend. The pattern is formed by drawing two converging trendlines , as price temporarily moves in a sideways direction. Traders look for a subsequent breakout, in the direction of the preceding trend, as a cue to enter a trade.
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