Retail investors take a quick look, the banker’s layout is in the form of a flag!

A flag shape means that the market trend is like a flag hanging on the top of a flagpole. This type of pattern usually appears when the market moves rapidly and violently. Flag shapes can be divided into rising flag shapes, falling flag shapes, and sometimes pointed flag shapes. The rising flag occurs after a rapid, nearly vertical price rise. It consists of two parallel trend lines, upper and lower, forming a parallelogram flag; while the falling flag appears after a rapid, nearly vertical price decline. The rest is the same as above. .

The characteristics of the flag are as follows:

1. The flag must appear after a sharp rise or fall, and trading volume must continue to decrease significantly during the formation of the pattern.

2. When the rising flag breaks upward, there must be a surge in trading volume; when the falling flag breaks downward, the trading volume also increases significantly.

3. The price usually breaks through in the predetermined direction within four weeks. When it exceeds three weeks, you should be particularly careful and pay attention to its changes.

What are the operating strategies for investors when they encounter a flag consolidation pattern?

As far as the rising flag is concerned, there will be two situations when the upward breakthrough occurs. One is to break through the upper line and then go upward again after retracement. The other is to break through the upper line and continue to rise directly. That is to say, the breakthrough or Pullbacks can be used as buying points, and pullbacks are rare. Once the flag pattern fails, it is easy to cause the account to be trapped, so a stop loss should be set. A reasonable stop loss position is generally set at the lowest point of the rising flag. #VanEck提交首个SolanaETF #币安合约锦标赛 #以太坊ETF批准预期 #Mt.Gox将启动偿还计划