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 ...
We’ve touched on flag patterns before in our ‘flags and pennants’ post, but let’s go into a little more detail. After all, flag patterns come in all sorts of shapes and sizes, and it’s not as simple ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). In technical analysis, a flag is a price pattern resembling a flag on a flagpole ...
What are bull and bear flag patterns? Bull and bear flag formations are price patterns which occur frequently across varying time frames in financial markets. These patterns are considered ...
The EUR/USD and the USD index are both breaking out of a much commented upon pennant pattern today. The USD is gaining a lot of strength and the breakout looks pretty solid. However are pennant and ...
The “high tight flag” pattern is the rarest and most powerful chart pattern in the stock market. Coined by legendary growth investor William O’Neil, the high-tight flag occurs when a stock doubles or ...
Flag Pattern is one of the most popular chart patterns formed by price action which is contained within a small rectangle or a channel in the shape of a flag. Flags are short-term continuation ...
Crude oil continues to form a potential bull flag pattern, with a brief breakout today met by selling pressure. A decisive rally above 71.41 could trigger upside momentum and improved bullish ...
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