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Recently, another in the series of the Bybit Engage discussions took place in our Telegram group, and our Bybit Ambassador from Spain, Chingad0r, shared his thoughts on continuation patterns.
A continuation pattern is an indication that the price of a stock or asset will continue its previous trend after breaking out of the continuation chart pattern in question. They are like a ‘pit stop’ in the middle of a price trend — taking a breather if you will! Let’s take a look at some of the most common continuation chart patterns.