UNDERSTANDING TREND CONTINUATION PATTERNS 教育

Canadian Dollar/Swiss FrancFXCM

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⋅ 2017年6月12日晚上6點32分

HI EVERYONE.

- THE ABOVE PATTERNS ARE THE COMMON "TREND CONTINUATION PATTERNS"

- THEY USUALLY FORM AFTER AN IMPULSE

- THESE CORRECTIONS ALLOW US TO GET INTO THE MARKET TO CATCH THE NEXT IMPULSE

- IDENTIFYING AND UNDERSTANDING THESE PATTERNS GIVE US AN EDGE TO TRADE SUCCESSFULLY

- IF YOU WANT TO UNDERSTAND MORE ABOUT THESE PATTERNS, REFER TO A BOOK CALLED "TRADING CLASSIC CHART PATTERNS" BY THOMAS N. BULKOWSKI

@MehrHasnain, No. Rising Channel (in up trend) or Falling Channel (in down trend) are continuation formations and they form in the beginning of the trend after the first impulse.
Trend Reversal Channel is a reversal formation which form at the end of the trend (either up trend or down trend).
You can see the examples below. It takes time and experience to identify these 2 from each other but it is not difficult if you practice.

MehrHasnain

⋅ 2017年6月16日早上4點50分

@senejani.ali, thanks sir for good information

KfxInvestmentHoldings

⋅ 2017年6月13日下午4點32分

Classic information ... Thanks buddy

UNDERSTANDING TREND CONTINUATION PATTERNS 教育

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