Course: Chart formations
Lesson Insights
Trend continuation patterns are chart formations that signal a continuation of the existing trend. They are used by traders to confirm the validity of a trend and to identify potential entry points for trades in the same direction as the trend.
The lesson lists the trend continuation chart formations and illustrates them with real examples. Apart from the different triangles, the cup and handle, the flag, the pennant, and the wedge formations are introduced. The meanings of the different market gaps are also included in this lesson.
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