PAMM Trend Trader’s Choice : Bearish Continuation Pattern

PAMM Forex Forex Dart Dollar

For a  PAMM trader who like trend, a  so-called trend is his friend so he would prefer to choose a trending graphic pattern while hoping that it will continuously give him profit on the transactions. In difference with the reversal pattern, this continuation pattern is often placed in the opposite direction. But, that movement is only a “breaking time” before continuing the continuation pattern,

Below are the bearish continuation patterns :

  1. Falling Three Methods

This pattern begins with the bearish market. It is a continuation bearish pattern with a high validity in the D1 time frame. Within the downtrend time, the value is being corrected by creating three candles that standing in the opposite direction toward the on going trend but then the value will move down again and continue the beginning trend, the so  called downtrend.

  1. Downside Tasuki

This pattern begins with the bearish market. It is a continuation bearish pattern with a high validity in the D1 time frame. Within the downtrend time, the value is being corrected by creating a candle standing in the opposite direction toward the on going trend before continuing the beginning trend, the so called downtrend.

  1. Side by Side White Lines

The side by side white lines pattern also begins  with the bearish market. It is a continuation bearish pattern with a high validity in the D1 time frame. Within the downtrend time, the value is being corrected by creating two identical candles standing in the opposite direction toward the on going trend and then continues the beginning  trend which is the downtrend.

  1. In neck

This pattern begins with the bearish market and is the continuation bearish pattern with a high validity in the D1 time frame. Within the downtrend time, the value is being corrected by creating a hammer candle standing in the opposite direction toward the on going trend. But this correction has no power to make an opposite trend toward the on going one since there is a big selling pressure that make the value continue its own trend, and then continue the beginning trend, which is the downtrend.

  1. On Neck

This pattern begins with the bearish market. It is a continuation bearish pattern with high validity in the D1 time frame. Within the downtrend time, the value is being corrected by creating a hanging-man candle standing in the same direction with the on going trend and then continues the beginning  trend, which is the downtrend.

Happy Investing !