Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
Traders often use the cup and handle pattern in technical analysis to look for possible bullish continuing patterns in the market. This pattern has a cup-shaped shape at the beginning, followed by a ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. A strong gap-up Tuesday morning started a bullish yet concerning trend north that lasted the entire day. Most ...
Technical chart patterns are used to identify the future direction of a security price. They may be continuation patterns – which means that the price will follow the same trend after a brief pause or ...
A head-and-shoulders formation on the daily EUR/USD chart is likely to become a bullish continuation pattern, rather than the more recognizable reversal pattern. This promotes a positive view for the ...
AUD/USD is probably completing a Bull Flag continuation pattern with bullish implications. A break above the May 16 high would validate the pattern and indicate more upside to the pattern’s price ...
A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...
Learn to recognize rising wedge patterns, indicative of market reversals, and explore trading methods to capitalize on this bearish chart signal effectively.