An indicator for technical chart analysis that suggests a price trend will continue after a brief consolidation period. The overall trend will resume once the price breaks out of a well defined range indicated by the pattern being formed. These can be various kinds of triangles, wedges, pennants, flags, as well as some unusual but reliable formations such as a cup & handle. Forex traders should be aware that the Break in trading can sometimes occur in the wrong (unexpected) direction. Other indicators must be used to confirm the continuation pattern for reliability.
Browse by Subjects
Chartered Institute of Management Accountants
statistical quality control
capital turnover ratio
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):