Classic Continuation Chart Patterns of the Western Pattern
Let's take a look at some classic Western pattern continuation chart patterns. As the name suggests, these patterns indicate a trend continuation rather than a reversal.
Studies have shown that the longer a price pattern takes to develop, and the longer the price action continues to trade within the pattern, the more significant the move becomes, especially when the price breaks above or below the continuation zone. To spot these patterns, you will need a trading platform that includes powerful charting tools: such as MetaTrader 5.