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August 7, 2011

How to Trade Forex: Flag Pattern

The flag pattern usually occurs after a significant up or down market move. After a strong move, prices usually need to rest.. we call it correction.

forex flag patternThis resting period or correction period usually occurs in the shapre of a rectange, thus we call it “flag“. The flag is considered as a continuation pattern because after that resting or correction, price will continue its previous trend.

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Earnic.

Bekerja dari rumah sepenuh masa. Blogger, forex trader tapi akaun kecil-kecil je. Belum otai lagi. Broker yang saya guna ialah Instaforex dan Hotforex.

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