Flag and pennant patterns
id:
flag-and-pennant-patterns-275-16575044
title:
Flag and pennant patterns
text:
The flag and pennant patterns are commonly found patterns in the price charts of financially traded assets. The patterns are characterized by a clear direction of the price trend, followed by a consolidation and rangebound movement, which is then followed by a resumption of the trend. They are continuation patterns and form when the asset prices rally or fall sharply.
brand slug:
wiki
category slug:
encyclopedia
description:
Financial chart patterns
original url:
https://en.wikipedia.org/wiki/Flag_and_pennant_patterns
date created:
date modified:
2024-02-24T20:26:40Z
main entity:
{"identifier":"Q3880292","url":"https://www.wikidata.org/entity/Q3880292"}
image:
fields total:
13
integrity:
14