CONTINUOUS CHART PATTERN (PART-15)

 In the last post we talked about Reversal chart pattern.

In this post I am going to tell you about the continuous chart patterns. Basically we talk about only two chart patterns which are important.

• Continuous chart pattern:— When the price is continuously moving in the same resistance and support also known as consolidation or sideways trend

1. Bullish Rectangle- When up trend changes into sideways for few period of time and continuously moving in a rectangle and then after breakout it continues its uptrend.

2. Bearish Rectangle- When down trend changes into sideways for few period of time and continuously moving in a rectangle and then after breakdown it continues its downtrend.

If you have not visited our last post on Reversal chart pattern then click on this link or copy it and paste it on chrome 

Link- https://commerceworldteam.blogspot.com/2024/04/chart-patterns-part-14.html

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