Wednesday, January 10, 2018

Bull Flag Pattern

The bull flag pattern is probably the most bullish chart pattern you can trade.  As the name suggests, it looks like a flag pole with a flag on the top portion of the pole. 
To form the pattern, the price rises substantially in a short period of time and then consolidates for generally a few days to a few weeks to form the flag portion of the chart pattern.
A true bull flag pattern often leads to a secondary move of similar magnitude.  The price often rises 15% to 50% or more in a short period of time IF the price breaks out of the top of the pattern.
Best Stock Tips Provider in India http://bit.ly/2EmLpqT

Ace Investment Advisory - Latest News

Subscribe Now: Feed Icon

Share Tips,Nifty Future Tips,BSE,NSE Indian Stock Headline Animator