How to Read Continuation Chart Patterns for Beginners

The common continuation Continuation Chart Patterns used to trade that beginner stock trade transactions should know are described below.

Continuation Setups

Continuation Patterns are:

Rising Wedge or Ascending Wedge Continuation Stock Indices Setup Patterns

Rising wedge is a continuation pattern that forms during an upwards trend and this Continuation Chart Patterns looks like a triangle consolidation pattern that has a rising slope that's heading upward.

Rising wedge chart pattern has rising sloping support and resistance levels and this chart pattern setup portrays that stock prices keep moving higher & once prices move out of this rising wedge chart pattern the upward stock trend is likely to continue.

Falling Wedge or Descending Wedge Continuation Stock Indices Setup Patterns

Falling wedge is a continuation pattern that forms during a downward stock trend & this Continuation Chart Patterns looks like a triangle consolidation pattern that has a descending slope that's heading downwards.

Falling wedge pattern has descending sloping support & resistance levels & this pattern setup portrays that stock prices keep moving lower & once prices move out of the descending wedge pattern the downwards trend is likely to continue.

Bullish Pennant or Bearish Flag Continuation Stock Indices Patterns

Bullish Flag is a stock chart pattern setup with parallel support and resistance areas that forms during a upward stock trend and a continuation signal gets generated when price moves above the bullish flag pattern & the upward stock trend continuation signal gets generated by continuation bullish flag pattern.

Bearish Pennant or Bearish Flag Continuation Stock Indices Setup Patterns

Bearish Flag is a stock chart pattern setup with parallel support and resistance areas that forms during a downward stock trend & a continuation signal gets generated when the price moves below the bearish flag pattern & the downward stock trend continuation signal gets generated by continuation bearish flag chart pattern setup.

How Do I Analyze Continuation Stock Chart Patterns for New Traders

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