Bull Flag
By LawrenceConsolidation that drift down slowly after an up swing. A bullish continuation pattern. The bearish version of bull flag is a bear flag. You can find detail explanation of the bear flag in this article
Trading Edges That Last
By LawrenceOnline Series
- You May Also LikeNowadays, many markets trade 24 hours a day. That was not the case before this Internet age and most businesses/trading firms still operate within normal day time hours based on ...READ MORE3 short thursts in the same direction yet price does not gain much ground in that direction. A reliable pattern pointing to short term exhaustion and that a pullback is ...READ MOREClassic chart pattern pointing to potential moves to higher price level. Its bearish version is called double top. Detail description of Double Top can be found here.READ MOREMeasured move is a highly structured price movement that consists of 2 swings in the same direction with a pause in-between. Detailed explanation can be find in this articleREAD MOREIt has many names as it is discovered and rediscovered again and again by different people. When you see a move, say an up move, retracements are expected. If a retracement ...READ MOREDaytraders from the old days mostly are floor traders. They did not have access to charts, or pretty much nothing else. Having pre-calculated price levels derived from previous trading day, ...READ MOREPlunge Protection Team (PPT) is the nickname for Working Group on Financial Markets. The term was branded as a myth by the financial industry until it was exposed and subsequently ...READ MOREMany people use simple moving averages as a way to tell the direction of the markets they trade. More interestingly, however, are bots built around these moving averages that can ...READ MORETriple green is an old saying among many equity traders who trade equities in US stock markets. On old monitors, the instruments are displayed in green when they are ...READ MORE
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