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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.
Hectictraders Hectictraders CHFJPY, D, Short ,
CHFJPY: Chfjpy flag pattern breakout
37 1 8
Chfjpy flag pattern breakout

CHFJPY make flag pattern and also break flag pattern now retest the flag pattern breakout line and possible its going down to expected target trade with care and happy trading Asad Ullah

TradeReact TradeReact XRPUSDT, D, Long ,
XRPUSDT: Ripple is a CLEAR BUY from 0,18 cents. Don't let market fool you
78 2 3
Ripple is a CLEAR BUY from 0,18 cents. Don't let market fool you

Before the doji candle there was a full bullish candle without wigs. This is a REAL STRONG BULLISH SIGNAL in price action. There was a fake out doji after it. Price is doing nothing more then building a new Bullish Wedge. That is about to breakout to the upside. Ofcourse fundamental news from the Swell conference will help. Although you often hear Buy the rumour, ...

ForgottenInsights ForgottenInsights BTCUSD, D, Long ,
BTCUSD: Bull flag days
52 1 2
Bull flag days

BTC is currently forming a bull flag. Next stop should be $6400.

aVstrategy aVstrategy GBPJPY, 240, Long ,
34 0 6
GBPJPY, 240 Long

long opportunity with flag and resistance channel ...

eazywayout eazywayout PRO AUDUSD, 240, Long ,
25 0 3
AUDUSD, 240 Long

Watching for a potential breakout of bull flag, ill be watching this & NZDUSD for a breakout. On the weekly trend still looks very bullish, so now I am waiting for a break & retest for more confirmation ... Trade with care!

zippy1day zippy1day PRO BTCGBP, 60, Long ,
BTCGBP: BTC Ascending Flag
55 0 4
BTCGBP, 60 Long
BTC Ascending Flag

Saw this in another coin recently and has a similarity! Also in line with EW projections. Measurement B + (Half the rise leading to the Top) http://thepatternsite.com/measure.html Target : £4489

ObtacleE ObtacleE GBPJPY, 240, Short ,
GBPJPY: Flag pattern setup for a shot position on GBPJPY
74 0 4
GBPJPY, 240 Short
Flag pattern setup for a shot position on GBPJPY

Short selling opportunity on the violation of a Flag pattern. If this setup meets your trading rules I would trade it on a break and close, violating the support line.

sebastiaan7676 sebastiaan7676 PRO AUDUSD, 15, Short ,
AUDUSD: AUD Short opportunity
40 0 4
AUDUSD, 15 Short
AUD Short opportunity

Currently watching this potential trade. Spike base support was used already today, and we have a failed break higher. Watching Price action for potential trade back down to the base of the pole. Conservative target would be around the 0.78500 level.

adjester adjester PRO MONABTC, 240, Long ,
156 2 5
MONABTC, 240 Long
MONABTC Target Zone

MONABTC How To Trade

DianKemala DianKemala TOP AUDUSD, 60, Long ,
AUDUSD: AUDUSD Weekly outlook
921 1 35
AUDUSD, 60 Long
AUDUSD Weekly outlook

Channel up break up with bullish flag pattern. This pattern indicate a stong bullish movement with target at 0.7963 If this pattern failed, Support level at 0.7796

Warren_Bufflash Warren_Bufflash PRO ETHUSDT, D, Long ,
ETHUSDT: ETHUSD confirm uptrend again!
172 1 5
ETHUSD confirm uptrend again!

In the long term trading we can bias uptrend again becuase market direction have been changed. 1.Weekly Chart is confirmed uptrend by DPPo failure pattern. 2. Daily Chart is forming the Anti BUY Pattern so we will set BUY STOP @344 SL = @315 and TP @400

DianKemala DianKemala TOP BTCUSD, 60, Long ,
7193 24 97
BTCUSD, 60 Long
BTCUSD update

after reach bullish flag projection, BTCUSD perform bullish pennants pattern. this is a good continuation with target at 6761. Bullish confirmation above 5901. If this level break up, we will reach our target soon. If this pattern break down, we have support at 5245. Good luck

VasilyPonomarev VasilyPonomarev USOIL, 240, Long ,
USOIL: trading flag pattern, rsi divergence and fib confluence
325 0 16
USOIL, 240 Long
trading flag pattern, rsi divergence and fib confluence


Troy_Brave Troy_Brave LTCUSD, 60, Long ,
LTCUSD: LTC/USC 60% winner!  Almost....
228 0 8
LTCUSD, 60 Long
LTC/USC 60% winner! Almost....

Monitoring LTC/USD WINNER…? Not yet, but so far so good! This trade is turning out very nicely. As long as BTC continues to stay somewhat stable we should continue to see an increase in LTC. I would NOT say this is a good time for entry as the risk has increased. If we come back to test the .382 ($57), that may provide good entry point with a ...

VasilyPonomarev VasilyPonomarev USDCAD, 240, Short ,
USDCAD: sell the breakout
169 0 12
USDCAD, 240 Short
sell the breakout


YaseenG.Housari YaseenG.Housari GBPJPY, 60, Long ,
GBPJPY: GBP/JPY Bullish flag
236 0 10
GBPJPY, 60 Long
GBP/JPY Bullish flag

As y’all can see, the pair has been trading sideways recently after hitting resistance at 151.60. The pair could still go higher. And if or when it does, then the pair will likely have enough more than 400 pips based on the height of the flag also it's looked similar to last flag move, this is the first scenario The second one is, try pop up you hot fibonacci ...

YaseenG.Housari YaseenG.Housari USDCAD, 60, Long ,
USDCAD: USD/CAD Bullish flag
104 1 4
USDCAD, 60 Long
USD/CAD Bullish flag

Alright after the market got into rising channel since the begin of the month, breaks up happened earlier today and now we have a pullback testing the channel line, forming a bullish flag which is a signal to go long again, and give us a chance to involve i expat the market will head north the same height of the formation around 90 pips to test 1.2375, 1.2400 levels

Jusstinb Jusstinb PRO XLMUSD, 60, Long ,
XLMUSD: Stellar Lumens - Flag Break out
409 4 10
XLMUSD, 60 Long
Stellar Lumens - Flag Break out

Stellar Lumens broke out of the flag from this weekend. Ready to go till 4.2 of the fibonacci.

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