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 ...
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 ...
In the technical analysis realm, a bear flag is a bearish continuation pattern that forms when there is a downtrend in price, followed by a brief rally, and finally a break lower. An excellent example ...
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 ...
An advance block is a bearish reversal pattern in candlestick charts, signaling potential trend shifts. Learn its characteristics and how it can affect your trading strategy.
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...