Continuation Pattern
A chart pattern that suggests a trend is pausing, not ending, and is likely to resume.
In plain English
A chart pattern that suggests a trend is pausing, not ending, and is likely to resume.
A continuation pattern is a rest stop. Flags, pennants, rectangles and some triangles often form when a trend takes a breather before pushing on.
The opposite is a reversal pattern, like a head and shoulders. Patterns lean the odds, nothing more.
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