Chart Pattern Strategies (Continuation Patterns)

1. Symmetrical Triangle: Uptrend if previous is uptrend and downtrend is previous is downtrend.

1. Ascending Triangle Pattern- BULLISH

This means buyers are more aggressive at higher price as well. Thus it breaks to top.

2. Descending Triangle: (Bearish)

3. Flag Patterns (Uptrend):

4. Flag Patterns (Downtrend):

5. Pennant Pattern (Uptrend)

6. Pennant Pattern (Downtrend)

7. Cup and Handle Pattern (Bullish):