What exactly are continuation patterns and how do they help in trading?

Continuation patterns are chart formations that suggest an ongoing trend will likely continue. They help traders confirm the strength of a trend, improve trade timing, and reduce the risk of false breakouts.

How can I identify continuation patterns on a trading chart?

Look for brief consolidation periods within a prevailing trend. Common patterns include flags, pennants, and wedges. Tools like the All Candlestick Patterns indicator on TradingView can automate this process.

What are the benefits of using continuation patterns in my trading strategy?

Using continuation patterns leads to improved trade timing, reduced risk of premature exits, and increased confidence in your trading decisions. They help you stay in profitable trades longer and re-enter positions strategically.