This post will be more interesting for new comers on the Trading. May be it will help somebody to feel more confident on the market. Sometimes you will lose money on this trade setup, but in the long run you will be profitable. It's enough for good setup. This is my way to trade Flag. And Flag - there is just a special case of Elliott Wave theory. I'm looking...
The theory of flags Flags are my favorite technical formations. They have a trend confirmation character, are easy to recognize and grateful when you trade them correct Ideal-typical flag: A bullish flag is a massive, strong volume move followed by several days of sideway trading sessions to lower price action on much weaker volume followed by a second,...
These are continuation trend pattern that are found frequently in the markets. I wanted to cover it and share it with you as I found some good charts during my research that are forming such patterns. One of them is Aban 2.41% offshore, chart link attested below. (I have also provided some examples given in comments box below for your references and goodself.)...
Hope this will help you! Give thumbs up & comment if you like it!
Basic Patterns, Educational Post