Flag Pattern Pro Mt5: Flag Pattern pro is a Price Action (PA) analytical tool that scans the continuation patterns known as "Flag and Pennant Patterns" . Flag and - 中文
Because pennants are continuation patterns, price is looking to move in the same direction that it was trading in before moving into the consolidation period. In the bullish pennant example below you can see that price made a sharp move higher, followed by the ‘pennant’ and then the continu...
Variations include flat-top breakouts, descending flags, and bull pennants. Whentrading off these patterns, enter on thebreakoutabove the flag’s resistance with a stop-loss below the flag’s low. Enhance your strategy usingmoving averagesand RSI for confirmation. Mastering this pattern can lead ...