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, ...

One of the most well-known chart patterns is the flag pattern, which is created by price activity contained within a tiny rectangle or flag shaped channel. Flags, which are short-term continuation ...

We’ve touched on flag patterns before in our ‘flags and pennants’ post, but let’s go into a little more detail. After all, flag patterns come in all sorts of shapes and sizes, and it’s not as simple ...

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 ...

In late October of 2007 the Russell 2000 small cap index was trading around 800. The index hasn't returned to that level since. Now, over two years later, small caps are once again close to touching ...

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 ...