By Investment U Research Team Every day trader is waiting for a big price break. And knowing how to recognize flag pattern trading could put you onto that break before it occurs. Flag patterns are another common occurrence in stock charts. They indicate the potential for a stock’s price to quickly break up or down. They’re an especially important signal in uncertain markets because they signal a sense of stability once the price breaks.
Flag patterns are useful on their own, or as confirmation of other, more complex patterns, like a Gartley or butterfly pattern. Recognizing flag pattern trading is simple once you know what you’re …read more
