7: Magic macro continuation patterns
Want to know if the pretty little trade you’re profiting from is likely to continue bringing in money? Then, these little macro continuation patterns will give you your answer. You can’t afford to miss out on reading about them …
So far we have covered some of the major macro patterns that suggest a trend reversal. You may find that you detect some patterns more easily than others, which is okay. Just aim to understand the principles behind each formation and you’ll be well on your way to trading them successfully.
Why are continuations important?
This chapter is focused on revealing some macro patterns that imply trend continuation. This is equally as important as establishing when a trend is likely to ...