How to Read Continuation Stock Index Continuation Chart Patterns for Beginner Traders

The common continuation Stock Index Continuation Chart Patterns used to trade stock index that beginner stock index trades should know are described below.

Continuation Chart Patterns

Continuation Stock Index Continuation Chart Patterns are:

Rising Wedge or Ascending Wedge Continuation Chart Patterns

Rising wedge is a continuation chart pattern that forms during an upwards stock index trend & this Stock Index Continuation Chart Patterns looks like a triangle consolidation stock index pattern that has a rising slope that is moving upwards.

Rising wedge stock index chart pattern has rising sloping support and resistance levels and this stock index chart pattern shows that stock index trading prices keep moving higher & once stock index trading 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 downwards stock index trend & this Stock Index Continuation Chart Patterns looks like a triangle stock index consolidation pattern that has a descending slope that is heading downward.

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

Bullish Pennant or Bearish Flag Continuation Chart Patterns

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

Bearish Pennant or Bearish Flag Continuation Chart Patterns

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

How to Read Stock Index Continuation Chart Patterns for Beginner Traders