Continuation patterns - Lesson 5
The Patterns
Continuation patterns occur mid-trend and are a pause in the price action of varying durations. When these patterns occur, it can indicate the trend is likely to resume after the pattern completes. A pattern is considered complete when the pattern has formed (can be drawn) and then "breaks out" of that pattern, potentially continuing on with the former trend. Continuation patterns can be seen on all time frames, from a tick chart to a daily or weekly chart. Common continuation patterns include triangles, flags, pennants and rectangles.
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