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 ...
As financial markets embark on a new week, the GBP/USD currency pair finds itself caught in a crucial phase, trading within a short-term flag pattern that signals a potential decisive move on the ...
Bullish traders will want to watch for a break up from the upper descending trendline of the flag formation, on high volume, for an entry. When a stock breaks up from a bull flag pattern, the measured ...
First, DAX, so the most popular index in Europe. DAX already used the flag in the last week (blue). Back then, formation helped this index to recover after strong bearish breakout of the horizontal ...
Resistance at $2,666 and 50-Day MA challenges gold’s recovery, while bearish continuation may lead to drop below November’s swing low. Gold has formed a developing bear flag pattern (purple) since a 2 ...
Bearish traders will want to watch for a breakdown from the lower descending trendline of the flag formation, on high volume, for an entry. When a stock breaks down from a bear flag pattern, the ...
Imagine identifying a stock that has launched upward with incredible force, pausing only briefly before shooting even higher. These moments of mid trend acceleration are where some of the market’s ...
Today, we are going to examine the forex flag pattern which is one of the most successful chart patterns in technical analysis according to Thomas Bulkowski, author of the book entitled, ...
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 ...
(ARCA: SPY) has formed a bear flag pattern that if broken may send this market lower to 205. The flag is from 210.75 to 207.25 a 3.50 move. A break of the flag around 208ish would send SPY back to 205 ...
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 ...