Bearish pattern I would go short
Bearish pattern. If the candle trespass under the low flat line I would go short
Bullish pattern trend channel. I wold go long. Confirmed with EMA, MA
Bearish pattern completed with a decisive close under the lower flat line.
If this happens I would go short until the height of the triangle projected down from the breakout pint
The pattern should breakout above the upper line with the volume increasing sharply.
Would go long then
Bearish pattern. If the stock price touches the diagonal and comes down through and under the lower flat line I would go short.
Observing this ascending triangle, I would wait to see if the stock price brake up, to buy a long position. If the price comes again to the triangle area, the pattern would have failed.
Downtrend, uptrend, sideway examples all in one chart
These are examples of how identify and to draw downtrend and uptrends