![]() ![]() Trading a Flag Pattern requires careful analysis and consideration of various factors. Breakout: The price broke below the lower boundary of the flag, indicating the continuation of the downward trend.Flag Formation: The flag pattern emerged as the price traded between $82 and $86.Flagpole: A commodity futures contract declined sharply from $100 to $80.Breakout: The price broke above the flag’s upper boundary, signaling the uptrend’s resumption.Flag Formation: The subsequent flag developed as the price consolidated between 1.2300 and 1.2400.Flagpole: ABC currency pair experienced a significant rally from 1.2000 to 1.2500.Breakout: The price broke below the lower boundary of the flag, confirming the continuation of the downtrend.Flag Formation: The subsequent flag formed as the price traded between $42 and $44. ![]()
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