What is a flag in price chart analysis?

In price chart analysis, a flag is a continuation chart pattern that forms when the market consolidates in a narrow range after a sharp move. The pattern can be seen in any timeframe, and it consists of a small rectangular price formation that follows a fast price movement.

What is a flag in financial markets?

A flag, in technical analysis of the financial markets, is a continuation chart pattern that forms when the market consolidates in a narrow range after a sharp move. The pattern can be seen in any timeframe, and it consists of a small rectangular price formation that follows a fast price movement.

What is a flag pattern in technical analysis?

A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). Flag patterns are accompanied by representative volume indicators as well as price action. Flag patterns signify trend reversals or breakouts after a period of consolidation.

What is a 'low and tight flag' chart pattern?

This is called as 'Low and Tight Flag'. If this is bullish flag, we called it as High and Tight Bullish Flag. This pattern is where you can grow your account largely (with risk-calculated). The size of TP... Triangles, Flags, Pennants. Chart patterns, are becoming one of my favorites points of view in the market.