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What are Bull and Bear Flag Patterns |
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By Alex Wasilewski
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July 27, 2011
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In today's video, we will take a look into what a flag or pennant pattern is in the markets. A flag pattern is a brief pause in a dynamic market move. Now what exactly does that mean? When a market is moving and then quickly reverses and begins to retrace, this is where you are likely to see the emergence of a flag pattern.
*Please note that this video was previously recorded and price levels referenced in the clip are for demonstration purposes only.
*Please note that this video was previously recorded and price levels referenced in the clip are for demonstration purposes only.
For more from Alex, visit PureTick.com
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency. |
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This website is for educational purposes only. Offers and events from 3rd party vendors are provided for convenience only. Trader Kingdom is not responsible for the content of a 3rd party website or their services.
Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
