Trade in Trend continuation Candlestick Pattern
A trend continuation pattern is a technical analysis concept in the financial markets that indicates the likelihood of a prevailing trend continuing after a period of consolidation. These patterns form when the price movement temporarily pauses before resuming its original direction, be it upward (bullish trend) or downward (bearish trend).
Basic Price Action
Basic price action refers to the study and analysis of the movement of prices in financial markets, such as stocks, currencies, or commodities, without relying on indicators or oscillators. It involves observing patterns, trends, and key levels of support and resistance on price charts to make trading decisions. Traders who follow price action focus on factors like candlestick patterns, price bar formations, and market structure to identify potential entry and exit points for trades.
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