How to Read Continuation Forex Continuation Chart Patterns for Beginner Traders

The common continuation Forex Continuation Chart Patterns used to trade forex that beginner forex trades should know are described below.

Continuation Trading Patterns

Continuation Forex Continuation Chart Patterns are:

Rising Wedge or Ascending Wedge Continuation Chart Patterns

Rising wedge is a continuation chart pattern that forms during an upwards forex trend and this Forex Continuation Chart Patterns looks like a triangle consolidation forex pattern that has a rising slope that is moving upwards.

Rising wedge forex chart pattern has rising sloping support and resistance levels and this forex chart pattern shows that forex prices keep moving higher & once forex prices move out of this rising wedge chart pattern the upward trend is likely to continue.

Falling Wedge or Descending Wedge Continuation Chart Patterns

Falling wedge is a continuation chart pattern that forms during a downward forex trend and this Forex Continuation Chart Patterns looks like a triangle forex consolidation pattern that has a descending slope that is heading downwards.

Falling wedge pattern has descending sloping support & resistance levels & this forex pattern shows that forex prices keep moving lower & once forex prices move out of this descending wedge forex pattern the downwards forex trend is likely to continue.

Bullish Pennant or Bearish Flag Continuation Chart Patterns

Bullish Flag is a forex pattern with parallel support & resistance levels that forms during a upward forex trend and a forex continuation signal is generated when price moves above the bullish flag chart pattern & the upward trend continuation signal is generated by this continuation forex bullish flag pattern.

Bearish Pennant or Bearish Flag Continuation Chart Patterns

Bearish Flag is a forex pattern with parallel support & resistance levels that forms during a downward forex trend and a continuation forex trading signal is generated when the price moves below the bearish flag chart pattern & the downward forex trend continuation signal is generated by this continuation forex bearish flag chart pattern.

How to Read Forex Continuation Chart Patterns for Beginner Traders