Hello everyone, Today, I’ve prepared an educational guide on chart patterns, specifically focusing on the Flag Pattern. This content is designed to be easy for beginners to follow, so I hope you find it engaging and informative. :) Below is the outline I’ll be using for this post: ———— ✔️ Outline 1. What is a Flag Pattern? Definition Key Components ...
Part XII I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly...
Market structure is one of the most important thing one can learn in trading. If you are day trading or investing staying on right side of the market is very important. Market structure help to identify the right side of the market. Lets say market is making HH (Higher high) and HL (higher low) that's bullish market structure. Meaning buyers are in control and...
A flag pattern is a technical analysis chart pattern that can be observed in the price charts of financial assets, such as stocks, currencies, or commodities. It is considered a continuation pattern, indicating that the prevailing trend is likely to continue after a brief consolidation or pause. The flag pattern is formed by two main components: Flagpole : The...
Have you ever wondered why price action sometimes forms a bull flag pattern? Have you ever wondered if there is a way to predict whether a bull flag will break out before it actually does so? In this post, I will try to address these questions by presenting a couple of theories about the nature of bull flags. Bull Flag Theories (1) The flag structure of a...
In my first tutorial, I tried to show how price channels can be used to identify and validate strong trade setups. Additionally, I attempted to show you how to identify better trade setups from what I consider invalid trade setups. Understanding and maintaining at least a 2:1 Reward-to-risk factor for any trade you consider taking is essential. Secondly, it is...
Flag Pattern: A flag is a chart pattern formed during a counter-trend move after a sharp price movement. Why is it called Flag? It is named because of the way it reminds the viewer of a flag on a flagpole. What does the Flag Pattern represent? It signifies trend reversals or breakouts after a period of consolidation. The five main characteristics of a Flag...
🚩What is a Flag Pattern? A flag pattern is a commonly observed technical analysis pattern used to identify potential continuation of current market trends. It is characterized by a period of consolidation, where the market experiences a relatively small range of movement, following a significant price movement. This pattern is formed as the market returns to a...
Flag Pattern (Bullish) * One of the most common patterns of price trend continuation is the FLAG pattern. How to identify this pattern? How to use it in trading most effectively?I will cover it all through this post. * The Flag pattern is a type of price pattern in bullish trends. This pattern consists of a strong increase (called a flagpole), followed by...
Chart patterns, are becoming one of my favorites points of view in the market. Using this tools i become more aware of where i am in the market, the trend and where i can place correct entry's Lets consider the difficulty of this structures. First i am not using individual lines in this chart, i am using tool bar channels. That means that the line above has to be...
Hi everyone: Many have asked me about how to properly use trendlines to identify price action structures and patterns. So in today’s educational video, I will go over this topic in more detail. First, I use the trendline as a “frame” to identify structures and patterns, and NOT use it as a Support/Resistance. What I do is to put in the trendline for the highs...
In this post, we will be explaining what a flag patterns is and how to identify and trade them. What is a Flag? The flag pattern is the most common continuation patterns in technical analysis. It often occurs after a big impulsive move. The impulse move is followed by short bodied candles countertrend to the impulse move, which is called the flag. It is named...
In this post, we will be explaining what a flag patterns is and how to identify and trade them. What is a Flag? The flag pattern is the most common continuation patterns in technical analysis. It often occurs after a big impulsive move. The impulse move is followed by short bodied candles countertrend to the impulse move, which is called the flag. It is named...
Hi (1) as you see when a bullish pattern wants to be a bearish pattern , after breaking support line , we can see a bullish flag or bullish triangle . (2) as you see when a bearish pattern wants to be a bullish pattern after breaking resistance line we can see bearish triangle or a bearish flag pattern . so these patterns will help you to understand market better .
Beautiful Cup & Handle Flag with explosive breakout
What is an Impulse? An impulse is defined as a strong move whereby the market moves quite strongly or heavily in one direction, covering a great distance in a short period of time. Typically, when there's a trend reversal occurring, we require an impulse in the opposite direction of the trend, indicating to us that there's a possible trend reversal. The...
What is an Impulse? An impulse is defined as a strong move whereby the market moves quite strongly or heavily in one direction, covering a great distance in a short period of time. Typically, when there's a trend reversal occurring, we require an impulse in the opposite direction of the trend, indicating to us that there's a possible trend reversal. The...
How to identify if a correction is finished/completed and ready for the next impulse move ? Hello everyone: In this educational video I will go over how to properly identify a correction in price action analysis. I recently made a price action workshop live stream video that went over everything on impulse - correction, structures/patterns, continuation and...