The “Flag” chart pattern
Expert: Sunil Mangwani, CEO at FibForex123
Moderator: Maud Gilson, Conference Manager
The Flag is a continuation chart pattern, and is considered as one of the most powerful and consistently reliable patterns. It represents a brief pause within an already existing trend, and typically occurs in the middle of a large rally.
Learn how to trade this pattern by identifying it and setting precise levels of entry, stop and exits. In addition, we use the concept of the “Advanced Andrews Pitchfork” to confirm the price objectives of this pattern.