There are historical tendencies which dictate whether a chart pattern is generally considered to be a continuation or reversal pattern.
Trending patterns include wedges and channels. Continuation trending patterns are ideally traded when the market is trending
Non-trending patterns capitalize on confusion and lack of opinion.
Autochartist Analysis Expiry Criteria
An introduction to the “Consecutive Candles” analysis type
How we filter our trading setups to create the list of Our Favorite trading opportunities
The chart pattern results are accompanied by a number of fields that give insight into the quality, type, size and direction of the pattern.