In Elliott Wave Theory, flat patterns are consolidation moves that are designed to eat up more time than price. Flat patterns tend to be shallow retracements of the previous trend and when finished, ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). In technical analysis, a flag is a price pattern resembling a flag on a flagpole ...
Roblox Corporation (NYSE:RBLX) was relatively flat in the premarket on Thursday after rallying 6.57% on Wednesday, breaking up from a bull flag pattern on the daily chart. On May 11, the day following ...
The EUR/USD and the USD index are both breaking out of a much commented upon pennant pattern today. The USD is gaining a lot of strength and the breakout looks pretty solid. However are pennant and ...
What are bull and bear flag patterns? Bull and bear flag formations are price patterns which occur frequently across varying time frames in financial markets. These patterns are considered ...
What are bull and bear flag patterns? Bull and bear flag formations are price patterns which occur frequently across varying time frames in financial markets. These patterns are considered ...