NeeteshJain
Education

Educational 07: Flag and Pennant Patterns

FX_IDC:EURINR   EURO / INDIAN RUPEE
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.)

There are 3 important things to note:

1. The Initial Impulse (Flag Pole)
2. The retracement (Actual Flag or Pennant )
3. The Measured Move (an equal reaction swing to the pole)

These factors conclude to the formation of Flag and pennant patterns. They are easy to identify and provide high potential returns.

Comment below your questions regarding the same to improve your and other traders understanding of the patterns by providing examples and any explanations if required.

Thanks for the support,

With Regards,
thanks
Reply
Your educational series are inspiring and i have started experimenting the same.

Can you check this ICIL analysis

snapshot
Reply
THANKS A LOT
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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