What are Commodity Trading Continuation Commodities Trading Chart Patterns?
When these continuation commodities trading chart patterns are formed on the commodities charts they confirm that the current commodities trend is going to continue heading in same direction.
These continuation commodity patterns are used by commodities traders to identify half way points of the commodity trend, this is because they form at the half way point of a commodities trend.
There are four types of technical analysis for continuation commodities trading patterns:
- Ascending triangle Continuation Commodities Trading Pattern Technical Analysis
- Descending triangle Continuation Commodities Trading Pattern Technical Analysis
- Bull flag Continuation Commodities Trading Pattern Technical Analysis
- Bear flag Continuation Commodities Trading Pattern Technical Analysis
Ascending Triangle Continuation Commodities Trading Pattern
The ascending triangle commodity chart pattern is formed in an upward commodity trend and it shows that upwards commodity market direction of the market is going to continue.
Found within a Commodities upwards trend, the ascending triangle pattern forms as a consolidation period within the commodity up trend and indicates upside continuation will follow.
How to Analyze Ascending Triangle Commodities Chart Pattern - Ascending Triangle Continuation Commodities Trading Chart Pattern Technical Analysis
The market formed an ascending triangle pattern during its upwards commodity market commodity trend which led to upside continuation.
The buy commodity signal point is when commodities trading price clears the upper sloping line of the ascending triangle commodity chart pattern & the commodity market continues heading upward.
Descending Triangle Continuation Commodities Trading Pattern
The descending triangle commodity chart pattern is formed in a downward commodity trend and it shows that downwards direction of commodities trading price movement is going to continue.
Found within a Commodities downwards trend, the descending triangle pattern forms as a consolidation period within the downward commodity trend and indicates downside continuation will follow.
How to Analyze Descending Triangle Commodities Chart Pattern - Descending Triangle Continuation Commodities Trading Chart Pattern Technical Analysis
Market formed a descending triangle commodity pattern during its downwards commodity trend which led to further selling and continuation of the downwards commodities trend.
The technical sell commodity signal is when commodities trading price breaks out the lower horizontal sloping line of the descending triangle commodity chart pattern as selling resumes to push the commodity market lower.
Bull Flag Continuation Commodities Trading Pattern
Bull flag commodity chart pattern forms what looks like a rectangle. The rectangle is formed by two parallel lines that act as support and resistance for the commodities trading price until the commodities price breaks out. In general, the flag will not be formed perfectly flat but it will be sloping.
Bull flag commodity chart pattern occurs at halfway point of a bullish upward commodity market commodity trend and after a break-out a similar move equivalent to the height of the flagpole is expected.
How to Analyze Bull Flag Commodities Chart Pattern - Bull Flag Continuation Commodities Trading Chart Pattern Technical Analysis
The Bull flag commodity chart pattern above was just a resting period as the commodity market gathered strength to break-out & move higher.
The Bull flag commodity chart pattern continuation commodity trading signal was confirmed as upper line of the Bull flag commodities trading pattern was broken to the upside.
Bear Flag Continuation Commodities Trading Pattern
Bear flag commodity pattern flag is found in a Commodity downwards trend.
The Bear flag commodity pattern is a continuation commodity chart pattern where the commodities trading price retraces slightly with a narrow commodities trading price action that has a slight upwards tilt.
How to Analyze Bear Flag Commodities Chart Pattern - Bear Flag Continuation Commodities Trading Chart Pattern Technical Analysis
The Bear flag commodity chart pattern above was just a resting period for the commodity market prior to more selling.
The Bear flag commodity chart pattern continuation signal was confirmed as lower line of the Bear flag commodities trading pattern was broken to the down-side.
