In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend ...
One of the most well-known chart patterns is the flag pattern, which is created by price activity contained within a tiny rectangle or flag shaped channel. Flags, which are short-term continuation ...
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
As I mentioned in a recent Charts in Play, flag formations are one of my favorite chart patterns to trade. These triangles generally represent continuation patterns or pauses in a major trend.
In late October of 2007 the Russell 2000 small cap index was trading around 800. The index hasn't returned to that level since. Now, over two years later, small caps are once again close to touching ...
Every day trader is waiting for a big price break. And knowing how to recognize flag pattern trading could put you onto that break before it occurs. Flag patterns are a common occurrence in stock ...
A bear flag pattern is a powerful technical setup used by traders to identify potential opportunities in a down-trending market. Recognizing and effectively trading this pattern can be instrumental in ...
A bull flag pattern is a bullish trend of a stock that resembles a flag on a flag pole. The stock history shows a sharp rise which is the flag pole followed by an up and down trading pattern. Learning ...