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Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Shannon Fagan/Getty Images A continuation pattern indicates a brief pause in ...
A continuation pattern forecasts that the ... where both are angled either up or down Triangles are among the most popular chart patterns used in technical analysis since they occur frequently ...
This pattern is a bearish continuation pattern ... the stronger the signal. In the chart above, the bearish candlestick engulfs the previous seven trading sessions, signifying the likelihood ...
This pattern is a bullish continuation pattern ... likely continue on if the stock breaks out above the pennant. In the chart example above, an example of a failed breakdown, or a bear trap ...