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...
Following stocks have been discussed in the video
1. HG Infra
2. NFL
3. SPIC
Accumulation - Is always found on downside and any breakout may give 8-14% returns in short trade
Distribution - Is always found on top from where the price may reverse to downside
This video is made only for educational purpose. Do your own study before taking any trades.
Introduction
In the world of trading, we often hear about harmonic patterns. These are very special tools in the trader's toolkit. They are complex but very important. In this article, we look into these patterns, how traders use them, and why they are crucial.
Understanding Harmonic Patterns
Harmonic patterns are part of technical analysis in trading. They...
Hello,
Welcome to this tutorial about Candlesticks and in particular the very various candlestick patterns that form in the financial markets. The charting technique under which Candlesticks operate are candlestick charts and the candlesticks firstly came up in the 18th century, till today they established as a widespread technique that many traders use for...
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...
📌How to easily identify these patterns?
🟢Cup and Handle Pattern
The cup and handle pattern is a bullish continuation pattern that typically occurs after a significant uptrend. It is characterized by a U-shaped "cup" followed by a smaller consolidation known as the "handle." The cup portion represents a temporary pause or correction in the price, forming a...
⚡Zer0_Trader
The essence of the strategy is to search for the direct and inverted "Head & Shoulders" pattern
Shoulders" pattern with the simultaneous confirmation of its potential workout on
Zer0 Trader Indicator" indicator, which makes it possible to trade regularly,
minimizing the closing of trades...
✅In the world of forex trading, understanding patterns and trends can make all the difference between profit and loss. One popular pattern that traders often look out for is the double bottom, also known as the "W" pattern.
✅The double bottom pattern occurs when the price of a currency pair reaches a low point, bounces back up, dips again to the same level,...
⭐Bearish Symmetrical Triangle
- Bearish + Bullish trendline
- Take price at lenght of triangle height
- Stop loss above last high
⭐Symmetrical Triangle
- Bearish + Bullish trendline
- Take price at lenght of triangle height
- Stop loss below last low
⭐Bearish Flag
- flag pole
- Bearish channel in bullish trend
- Take price at lenght of
- flag pole
-...
Hey traders,
In this educational article, we will discuss powerful reversal candlestick patterns that every trader must know.
Bullish Engulfing Candle
Bullish engulfing candle is one of my favorite ones.
It usually indicates the initiation of a bullish movement after a strong bearish wave.
The main element of this pattern is a relatively big body. Being...
Introduction:
Are you looking to skyrocket your trading profits? Look no further! Today, we will uncover the hidden gem of trading patterns: the Wedge Pattern. This powerful tool has the potential to transform your trading strategy and help you achieve financial success. Let's dive into the world of wedge patterns and explore how you can capitalize on their...
Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this...
📉What are Reversal Patterns?
In trading, candlestick patterns are used to analyze the behavior of the market and identify potential opportunities to enter or exit a trade. Reversal patterns and continuation patterns are two types of candlestick patterns that traders look for.
Reversal patterns are characterized by a change in the direction of the trend. These...
Here is a diverse chart approach for trading that includes some tips:
📍 Use multiple timeframes:
Analyzing charts at different timeframes (e.g., daily, weekly, monthly) can provide a broader perspective on market trends and potential trading opportunities.
📍 Combine chart types:
Using different types of charts, such as line, bar, and candlestick charts, can...
In trading, a bearish pattern is a technical chart pattern that indicates a potential trend reversal from an uptrend to a downtrend. These patterns are characterized by a series of price movements that signal a bearish sentiment among traders.
📍Bear Flag
🔸 A small rectangular pattern that slopes against the preceding trend
🔸 Forms after a rapid price decline...
Chart patterns are visual representations of a stock's price movement over time. These patterns can provide traders with information about the stock's trend, momentum, and potential future direction. Continuation and reversal patterns are two types of chart patterns that traders use to identify potential entry points. When considering entry points for both...
Video shows my thought process as well as Confluences leading to the execution of a trade based on harmonics as well as the Beat the Market Maker Method #BTMM. It is a classical near-perfect Shark Pattern.
Patterns are the distinctive formations created by the movements of security prices on a chart and are the foundation of technical analysis.
A pattern is identified by a line connecting common price points, such as closing prices or highs or lows, during a specific period.
Technical analysts seek to identify patterns to anticipate the future direction of a...
