In this article we are going to focus on the topic of trend continuation price patterns. We will cover many topics related to technical analysis such as basic concepts, description of trend continuation formations, and tips on how to trade once the trend continuation pattern is found. In this way, we hope to answer the main questions on the subject, especially those related to the identification of these price formations and their use as technical tools to trade in Forex and other markets.
The three pillars of Technical Analysis
Technical analysis is based on three basic principles, which are known as the three pillars of technical analysis, and they are the following:
- Price reflects everything.
- Prices move in trends
- The history repeats itself.
It is essential to understand each of them to really understand what technical analysis is and how it works. Let’s review each principle: