Hello everyone,
Today, I’ve prepared an educational guide on chart patterns, specifically focusing on the Flag Pattern.
This content is designed to be easy for beginners to follow, so I hope you find it engaging and informative. :)
Below is the outline I’ll be using for this post:
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✔️ Outline
1. What is a Flag Pattern?
Definition
Key Components
...
Chart Analysis: XAU/USD (Gold Spot vs. USD)
Based on the two charts you have provided, here is a detailed technical analysis of XAU/USD using price action and chart pattern observations:
1. Weekly Flag Trendline (Higher Time Frame Context)
The upper and lower yellow trendlines represent a possible flag pattern on the weekly chart. This suggests a consolidation...
In this video, we explore the profound perspectives on fear from historical figures like Pericles and modern thinkers like Ryan Holiday. Pericles, the esteemed Athenian statesman, saw fear as a natural emotion that should not paralyze us. He believed in confronting fear with courage, rational thought, and strategic planning, using it as a tool for effective...
hello guys...
Before anything you should know I don't follow the exact fibo level and strict rules to find patterns!
Only the generalities of the subject matter to me.
rules:
- a sharp movement
- three-five drive one after the other
- the correction waves don't engulf the last correction
- always a divergence (rsi) helps
let's see some examples
The double bottom pattern is a technical analysis chart pattern that appears during a downtrend and indicates a possible trend reversal. It is formed by two consecutive lows that are approximately equal and separated by a peak in between
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A flag pattern is a technical analysis chart pattern that can be observed in the price charts of financial assets, such as stocks, currencies, or commodities. It is considered a continuation pattern, indicating that the prevailing trend is likely to continue after a brief consolidation or pause.
The flag pattern is formed by two main components:
Flagpole : The...
Following stocks have been discussed in the video
1. HG Infra
2. NFL
3. SPIC
Accumulation - Is always found on downside and any breakout may give 8-14% returns in short trade
Distribution - Is always found on top from where the price may reverse to downside
This video is made only for educational purpose. Do your own study before taking any trades.
Introduction
In the world of trading, we often hear about harmonic patterns. These are very special tools in the trader's toolkit. They are complex but very important. In this article, we look into these patterns, how traders use them, and why they are crucial.
Understanding Harmonic Patterns
Harmonic patterns are part of technical analysis in trading. They...
Hello,
Welcome to this tutorial about Candlesticks and in particular the very various candlestick patterns that form in the financial markets. The charting technique under which Candlesticks operate are candlestick charts and the candlesticks firstly came up in the 18th century, till today they established as a widespread technique that many traders use for...
Flag Pattern:
A flag is a chart pattern formed during a counter-trend move after a sharp price movement.
Why is it called Flag?
It is named because of the way it reminds the viewer of a flag on a flagpole.
What does the Flag Pattern represent?
It signifies trend reversals or breakouts after a period of consolidation.
The five main characteristics of a Flag...
📌How to easily identify these patterns?
🟢Cup and Handle Pattern
The cup and handle pattern is a bullish continuation pattern that typically occurs after a significant uptrend. It is characterized by a U-shaped "cup" followed by a smaller consolidation known as the "handle." The cup portion represents a temporary pause or correction in the price, forming a...
⚡Zer0_Trader
The essence of the strategy is to search for the direct and inverted "Head & Shoulders" pattern
Shoulders" pattern with the simultaneous confirmation of its potential workout on
Zer0 Trader Indicator" indicator, which makes it possible to trade regularly,
minimizing the closing of trades...
✅In the world of forex trading, understanding patterns and trends can make all the difference between profit and loss. One popular pattern that traders often look out for is the double bottom, also known as the "W" pattern.
✅The double bottom pattern occurs when the price of a currency pair reaches a low point, bounces back up, dips again to the same level,...
⭐Bearish Symmetrical Triangle
- Bearish + Bullish trendline
- Take price at lenght of triangle height
- Stop loss above last high
⭐Symmetrical Triangle
- Bearish + Bullish trendline
- Take price at lenght of triangle height
- Stop loss below last low
⭐Bearish Flag
- flag pole
- Bearish channel in bullish trend
- Take price at lenght of
- flag pole
-...
Hey traders,
In this educational article, we will discuss powerful reversal candlestick patterns that every trader must know.
Bullish Engulfing Candle
Bullish engulfing candle is one of my favorite ones.
It usually indicates the initiation of a bullish movement after a strong bearish wave.
The main element of this pattern is a relatively big body. Being...
Introduction:
Are you looking to skyrocket your trading profits? Look no further! Today, we will uncover the hidden gem of trading patterns: the Wedge Pattern. This powerful tool has the potential to transform your trading strategy and help you achieve financial success. Let's dive into the world of wedge patterns and explore how you can capitalize on their...
Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this...
📉What are Reversal Patterns?
In trading, candlestick patterns are used to analyze the behavior of the market and identify potential opportunities to enter or exit a trade. Reversal patterns and continuation patterns are two types of candlestick patterns that traders look for.
Reversal patterns are characterized by a change in the direction of the trend. These...
