Bull Flags are one of the most well known & easily recognized chart patterns. The most important factor in identifying any flag pattern is the clear "staff" or "flagpole"; there should be a straight run upwards leading up to the pattern or it is not a valid pattern. After the straight run upward price starts to Zig Zag between two converging trendlines forming...
Hello everyone: Welcome back to another quick educational video on price action structures/patterns. Today let's go deeper into the continuation correctional structure. Specifically, the continuation bull/bear flag structure. First it's important to understand that a bullish/bearish flag is a continuation correction. They are representing a correctional...
Here we have an example of a bullish flag. It has a very good risk to reward ration ( 1 : 7 = 750 pips ). It's an easy pattern to spot and you can combine it with Fibonacci retracement or support/resistance or whatever tool you want. DON'T LET ANOTHER FLAG UNTRADED ! ! !
Here we have 2 examples of a flag pattern. A smooth one & an aggressive one, both works quite well. You can combine it with a Fibonacci retracement or support/resistance or whatever toll you want. It's easy to spot & if you catch the breakout the risk to reward is very good ! ! !
In this technical analysis we are reviewing the price action on Ethereum. The confirmed bull flag is a very powerful signal and I will be explaining how you can trade it. Both flags and Pennants are quite similar to each other and have proven to be powerful chart patterns in technical analysis. They are considered 'continuation patterns'. First of all it is...
Hi every one Kindly like the ideas if it is helping you and leave a comment What is a Flag Pattern? A Flag pattern is a trend continuation pattern, appropriately named after it’s visual similarity to a flag on a flagpole. A “Flag” is composed of an explosive strong price move that forms the Flagpole, followed by an orderly and diagonally symmetrical pullback,...
ICI strategy. Being a retail trader isn't a bad thing!
Hello traders: Looking at soybeans from the higher time frame perspective and its price action structures. We see strong bearish impulse down from mid of 2018, and has been in this larger channel like structure ever since. Price has been consolidating for these few years, and finally breaking to the top in the recent times. What I like about the price from a...
A pennant is a continuation pattern. Statistics of pennant patterns - In 75% of cases: a pennant’s continues in the same direction. - In 15% of cases: a pennant’s continues tries to continue in the same direction but pulls back. - In 55% of cases, a pennant continues in the same direction and reaches his target. Notes on pennant patterns - pennants with a...
Why I decided to change my trading style and method after years: First of all, I am not here to bash and talk negative on other traders who are consistent traders who do use these methods to their success. I am sharing my on personal journey and opinions, based on past experiences and past journal/history. By no mean I am saying my current style or strategies...
## Month Summary / ASR (Run 1) ### Chart Screenshot () ! (s3-us-west-2.amazonaws.com) ### Key Metrics Trades 4 Wins 1 Losses 3 Breakeven 0 Win Rate % 25.00% Return % 5.33% **Opportunities Missed = ~3%** **Opportunities Capitalized On = 8.17%** ### Lessons Learned Just gotta keep your eye out for those high probability setups. Impulse and corrective...
BTC/USD (Update) In 8h Chart, EMA200 (7332) & EMA100 (6950) Both Are Play Important Rule As Key Support & Resistance Level. At the moment, Bulls holding the EMA100 (Support) & Pushing the Bitcoin price towards EMA200 (Resistance) Now If Bulls Cleared the EMA200 (Resistance) & Weekly Candle Close Above it then Bitcoin Might PUMP Hard in Coming days (We Could...
This time I won't cover the technical analysis of bitcoin again. I will look forward for the technical analysis of the bitcoin dominance in the market because like what we've known that the bitcoin's price is highly correlated with the bitcoin dominance in the crypto space. Following my previous analysis about this dominance, we can see that there are 2...
Bull & Bear Flag chart patterns Tutorial! Bull Flag : A bull flag forms in bullish trending market, After a strong bullish movement when this pattern forms it signals the market is likely to move more higher. Bull flag pattern much similarly looks like a horizontal parallel channel or downward parallel channel along with a strong bullish vertical rally; when...