Popular Today
Popular Today
Popular All Time
Newest
Charts and Videos
Charts and Videos
Charts
Videos

Flag

A flag can be used as an entry pattern for the continuation of an established trend. The formation usually occurs after a strong trending move that can contain gaps (this move is known as the mast or pole of the flag) where the flag represents a relatively short period of indecision. The pattern usually forms at the midpoint of a full swing and consolidates the prior move. Price is contained by 2 parallel trend lines that lie close together and are sloped against the mast.

Bullish flags can form after an uptrend, bearish flags can form after a downtrend. The pattern has completed when price breaks out of the containing trend lines in the direction of the prevailing trend, at which point it will likely continue its course. Conservative traders may look for additional confirmation of the trend continuing. The target can be estimated through the technique of measuring the length of the mast and extending it in the direction of the breakout. A common stop level is just outside the flag on the opposite side of the breakout.
JohnnyPurtoy98 JohnnyPurtoy98 USDCAD, 1W, Short ,
USDCAD: Bearish flag USDCAD
43 0 2
USDCAD, 1W Short
Bearish flag USDCAD

A second bearish flag has started to form on this currency pair, the first had a strong drop in price after the pattern had fully formed. I believe the same will happen for this bearish flag, I think once the pattern has fully formed the price would take another big hit. I will keep everyone updated about any signals on this currency pair that may occur over the ...

JohnnyPurtoy98 JohnnyPurtoy98 USDCAD, 1W, Short ,
USDCAD: USDCAD bearish moves
75 1 0
USDCAD, 1W Short
USDCAD bearish moves

The double bearish flag can be seen, also this has been confirmed by the falling wedge. This does mean that it would be best to keep an eye on the market as the price is going to most likely breakout the resistance top of this falling wedge eventually. Looking at the RSI and chart patterns I believe that the price is going to fall as it does not look like it has ...

Sublime_Trading Sublime_Trading TRYJPY, 1D, Short ,
TRYJPY: The TRYJPY Continues to Weaken
24 0 3
TRYJPY, 1D Short
The TRYJPY Continues to Weaken

Last post: May 16th. See chart. Review: A continuation of the bear trend was likely with the confirmation of the bear flag. Update: Price has indeed weakened further with another bear flag a possibility by the end of play today. Conclusion: Another bear flag will mean further shorting opportunities as price continues to weaken. Any comments or questions, ...

Sublime_Trading Sublime_Trading TRYJPY, 1D, Short ,
TRYJPY: Bear Flag Confirmed on The TRYJPY
39 0 3
TRYJPY, 1D Short
Bear Flag Confirmed on The TRYJPY

Last post: May 13th. See chart. Review: Price had pulled back to and was bouncing off resistance. Update: We were wanting a breakout in the form of a bear flag. 2 more days of weakness means the bear flag has been confirmed. Conclusion: A bear trend continuation is now likely offering further shorting opportunities. Any comments or questions, do not ...

Sublime_Trading Sublime_Trading CHFJPY, 1D,
CHFJPY: Price Continues to Pullback on The CHFJPY
24 0 1
CHFJPY, 1D
Price Continues to Pullback on The CHFJPY

Last post: May 7th. See chart. Review: Price was pulling back to round number 110 resistance. Update: Price continued to pullback and is now at 110 resistance. Conclusion: Require price to bounce off resistance and break and close below April support ideally in the form of a bear flag. Any comments or questions, do not hesitate to leave them below. Hit ...

danbobnix danbobnix AUDJPY, 1D,
AUDJPY: AUDJPY Push to Daily Price Zone
44 0 2
AUDJPY, 1D
AUDJPY Push to Daily Price Zone

Price breaking out of a channel with strong bullish moves from weekly and monthly trend lines; bullish structure on higher time-frames.

wolfstreetswinger wolfstreetswinger SYY, 1D, Short ,
SYY: syy - bear flag
25 0 0
SYY, 1D Short
syy - bear flag

Went short on this friday at 60 can still see more downside to 58-57 may revisit blue uptrend line

mattgarbutt mattgarbutt ETHUSD, 1D, Long ,
ETHUSD: Ethereum, long-term bull?
64 0 0
ETHUSD, 1D Long
Ethereum, long-term bull?

Another long term log chart, this time it's ETH - which, like BTC, is mostly a continuation pattern of bull flags going back in time. How you choose to determine the current trend is up to you, a series of bear flags? Or one big bull flag?

Sublime_Trading Sublime_Trading GBPCAD, 1D, Long ,
GBPCAD: A Potential Bull Flag on The GBPCAD
103 0 3
GBPCAD, 1D Long
A Potential Bull Flag on The GBPCAD

Never expect instant gratification or for price to shoot in a straight line. This is very much a short term mentality and why many find themselves trading on lower time frames battling inconsistent results. Instead, embrace the fact that a trend is a function of time. Take fashion for example. Trends are a minimum of 3 months based on seasonal wear. Other ...

mattgarbutt mattgarbutt BTCUSD, 1W, Long ,
BTCUSD: Bitcoin is dead, long live Bitcoin - bulls v bears since 2011
4153 0 16
BTCUSD, 1W Long
Bitcoin is dead, long live Bitcoin - bulls v bears since 2011

There's blood in the streets, and the smell of fear, we may even be witnessing capitulation. But it never lasts that long. Unless this really is the end of crypto this time - we've all heard that one before. This is just a rough little sketch on the zoomed out weekly (log scale), Apart from the Mt Gox prolonged bear market, with some big bear flags in that ...

Roker1 Roker1 EURCAD, 60, Long ,
EURCAD: Flag pattern on EURCAD
500 0 6
EURCAD, 60 Long
Flag pattern on EURCAD

Hi guys, this time we're going with the trend and we're not anticipating any kind of reversal. Instead, since we saw a recent break and close above the Previous Resistance Level (pointed out in the chart) we're now looking to ride the trend untill we get to the next reversal point that will come all the way up to 1,5780. So i went on lower timeframes such as the ...

afshin afshin WEED, 1D,
WEED: WEED breaks out of a triangle
28 0 0
WEED, 1D
WEED breaks out of a triangle

Will WEED clear the triangle with that upward move and confirm the bullish flag?? If it holds, then the higher range is possible.

ArminZed ArminZed USDJPY, 240,
USDJPY: USD JPY - Good Opportunity!
234 0 3
USDJPY, 240
USD JPY - Good Opportunity!

As you can see there are 2 chances to get a good opportunity, be patient and see what will be coming .. Follow us for more charts :) Good Luck!

ChrisAinsley ChrisAinsley TSLA, D, Short ,
TSLA: Bear flag and bad earnings expected
85 0 1
TSLA, D Short
Bear flag and bad earnings expected

Tesla is forming a bear flag on the daily. With production issues with the model 3 a bad earnings report can be expected tonight triggering a sell off.

tigerpause tigerpause BTCUSD, 60, Long ,
BTCUSD: Bullish flag forming on the 1H?
171 0 1
BTCUSD, 60 Long
Bullish flag forming on the 1H?

Looks like this could be an incoming bullish flag confirmation pattern

tigerpause tigerpause XBTUSD, 60, Long ,
XBTUSD: Bullish flag forming on 1h?
28 0 1
XBTUSD, 60 Long
Bullish flag forming on 1h?

Looks like this could be an incoming bullish flag confirmation pattern

cryptofunke cryptofunke HSRBTC, 240, Long ,
HSRBTC: HSR/BTC bull flag
65 0 0
HSRBTC, 240 Long
HSR/BTC bull flag

Have bounced off the cloud, and a measured move up would take it to the previous confluence line that finished out 2017. RSI showing a similar setup to that of the flagpole.

TheForecaster TheForecaster EURCHF, D, Short ,
EURCHF: EURCHF SELL
43 0 1
EURCHF, D Short
EURCHF SELL

Want to see a scholar BEAR FLAG? EURCHF has a beautiful one on the daily chart. And it broke last week, so I would look for the pullback to initiate a short because the target is quite far as it coincides with the start of the said flag. I delimited the flag with the 2 blue trendline. This is also the first serious support below spot level....Is a new trend ...

Show More Ideas 1234
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out
Browse
Video