Wave-Trader

Trend Continuation and Trend Reversal Patterns

FX:GBPUSD   British Pound/U.S. Dollar
2401 19 82
There are two similar patterns called Broadening Bottom/Top and Expanding triangle Bottom/Top. Main difference between these two patterns is one is trend reversal pattern and one is trend continuation pattern.

1. Broadening Bottom/Top ( Trend Reversal )
2. Expanding Triangle Bottom/Top ( Trend Continuation)

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Al_m3nna305
3 months ago
Hi wave trader,
Is this mean that gbp is in up trend for now?
Thanks.
+2 Reply
Wave-Trader TOP Al_m3nna305
3 months ago
It is possible. You are really quick man who got this pattern very quickly lets wait and see what picture it forms. Thanks for the feedback mate.
Reply
fstrader1 PRO
3 months ago
I really enjoy your educational posts sir. Thanks.
+1 Reply
Wave-Trader TOP fstrader1
3 months ago
My pleasure sir.
Reply
BeFX
3 months ago
You have powerful knowledge Sir... and You share it with us for free. Thank You.
+1 Reply
Wave-Trader TOP BeFX
3 months ago
I feel that Tradingview Community deserve for this knowledge. TradingView is Such an amazing platform for sharing and discussing. You are welcome and my pleasure and thanks too for your feedback
+1 Reply
itahirmasood
3 months ago
nice one
+1 Reply
Wave-Trader TOP itahirmasood
3 months ago
You are most welcome mate
Reply
pring
3 months ago
Great ! Thumbs UP ! These are important and contradictory formations but very similar. It is difficult for me to recognize the impulse wave and it is the most important thing after seeing the global structure.
Great insight !
+1 Reply
Wave-Trader TOP pring
3 months ago
Thanks
Reply
amateurleague
3 months ago
Another way of looking at rectangle and head and shoulder formations?
+1 Reply
Wave-Trader TOP amateurleague
3 months ago
Correct mate.
Reply
ProChartist PRO
3 months ago
your posts are very informative. wish i could print this out and put it on my wall. thanks mate
+1 Reply
Wave-Trader TOP ProChartist
3 months ago
Save picture by right clicking and print thats not a big deal mate.Good Luck
Reply
pxndx77
3 months ago
First of all, Thank you very much for the education topics .Second, I have one question, the reversal pattern is considered as a Shoulder Head Shoulder pattern as well? or it has another name?
+1 Reply
Wave-Trader TOP pxndx77
3 months ago
Its look like also head and shoulder but its called broadening top/bottom
Reply
pxndx77 Wave-Trader
3 months ago
Thank you very much, you´re the real MVP!
+1 Reply
Wave-Trader TOP pxndx77
3 months ago
My pleasure mate.
Reply
j_amui
2 months ago
Thanks Wave trader. That was very good, encouraging and educative. But I have a problem with receiving your ideas into my mail box. I use to receive your ideas into my mail box and check it. However, in recent time, I get the notification but the idea does not get into my mail. Is there any problem with trading view? How can I continue receiving your idea into my mail. Thanks
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