Strategies

What is Continuation Pattern

What is the continuation pattern? Daily Trading Strategies

Continuation Pattern is the common name for patterns that predict prices will continue to follow the current trend if a pattern appears. Patterns commonly used are the Triangle Pattern, the Flag Pattern, the Pennant Pattern, and the Rectangle Chart Pattern.

Rectangle Chart Pattern Fixed Time Trade Olymp Trade

Rectangle Chart Pattern: Trading formation for Fixed Time Trade

A Rectangle or Box is a continuation pattern that indicates a chart price where sell and buy seem fairly balanced in a period of time. The asset price moves in a tight range, seeking support at the rectangle’s bottom and hitting the resistance at the rectangle’s top.

Trendline with Bullish Trade. This is the up trend signals.

How to use Trendline indicator to make bullish trade

The trendline indicator not only gives you good entry signals, but it also provides great support to basic indicators and strategies. Using it for bullish trade is the correct way to use Trenline indicator.

Combine trendline indicator and ladder candlestick pattern

Combine Trendline indicator with ladder pattern

The trendline indicator combined with the ladder pattern is one of the effective methods of determining the price trend. Unlike reversal strategies/methods, this helps to find out whether the market will continue to grow or not.

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