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𝕋𝕣𝕖𝕟𝕕 ℂ𝕠𝕟𝕥𝕚𝕟𝕦𝕒𝕥𝕚𝕠𝕟 ℙ𝕒𝕥𝕥𝕖𝕣𝕟𝕤

Hello friends! Let's keep learning?😉

Today we will talk about Trend continuation patterns 💪🏻

LET"S GOOO🐱‍🏍🐱‍🏍🐱‍🏍

🐂Bull flag🐂

The principle of bullish flag trading, like all technical analysis figures, is the same - a breakout of the control point is required. As soon as a breakdown has occurred, you can immediately post the target. The target in a bull flag will be the height of the pole.

There is one more feature of this figure - the canvas of the flag should be tilted against the main trend.

🐻Bear flag🐻

For the most profitable entry, it is better to enter into a deal with a pending order. As soon as the trade is entered, the take profit is placed at the height of the pole from the breakout point of the pattern.

🐂Bullish pennant🐂

The pattern trading rules are identical to the bull flag trading rules.

🐻Bearish pennant🐻
The trading rules are the same as for the bear flag.

Thanks for Your attention🙏🏻

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Sincerely yours Rocket Bomb🚀💣

Previous EDU post about Reversal-Patterns 👇🏻