Chart patterns in technical analysis can be categorized into reversal, continuation, and bilateral patterns. Reversal patterns indicate a change in the trend while continuation patterns suggest the trend will persist. Bilateral patterns can signal either a reversal or continuation of the current trend.
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Chart Patterns: Reversal, Continuation, Bilateral
Chart patterns in technical analysis can be categorized into reversal, continuation, and bilateral patterns. Reversal patterns indicate a change in the trend while continuation patterns suggest the trend will persist. Bilateral patterns can signal either a reversal or continuation of the current trend.