How to Interpret Continuation Chart Setups for Beginner Traders

The common continuation Continuation Chart Setups 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 Setups looks like a triangle consolidation pattern that has an upward rising slope that's heading upward.

Rising wedge chart pattern has rising sloping support & 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 Setups 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 & resistance areas that forms during a upward stock trend and a continuation signal is derived and generated when price goes above bullish flag pattern & the upward stock trend continuation signal gets derived & 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 & resistance areas that forms during a downward stock trend & a continuation signal is derived & generated when the price goes below the bearish flag pattern & the downward stock trend continuation signal gets derived & generated by continuation bearish flag chart pattern setup.

How Do I Analyze Continuation Stock Setups for New Traders

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