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Bearish patterns : Bear flag pattern : Flag trading

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default Bearish patterns : Bear flag pattern : Flag trading

Post by Admin on Mon Aug 10, 2015 9:43 am

Discussion board for page: Flag trading

As you can assume, flag trading is just the opposite of Bull Flags. This is also a continuation chart pattern that generally lasts less than 3 weeks and resembles a parallelogram that slopes against the prevailing trend.

More and more people are choosing to day trade stocks rather than buying and holding for the long term. Many traders like to exit positions at such targets and consider flipping and reversing, meaning to buy on any bounce off of a price target, which is an aggressive strategy.
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