Retail investors, take a quick look at the flag pattern layout of institutional investors!
The flag pattern is when the market trend resembles a flag hanging at the top of a flagpole. This type of pattern usually appears during periods of rapid and intense market fluctuations. The flag pattern can be divided into an upward flag pattern and a downward flag pattern, and sometimes a尖 flag pattern can also occur. The upward flag pattern occurs after a rapid, nearly vertical price increase, consisting of two parallel trend lines, forming a parallelogram-shaped flag; while the downward flag pattern appears after a rapid, nearly vertical price decrease, and the rest is the same as above.
The characteristics of the flag pattern are as follows:
1. The flag pattern must appear after a rapid rise or fall, and trading volume must significantly decrease during the formation of the pattern.
2. When the upward flag pattern breaks upward, it must be accompanied by a sharp increase in trading volume; when the downward flag pattern breaks downward, trading volume also significantly increases.
3. Prices usually break out in the predetermined direction within four weeks, and if it exceeds three weeks, one should be particularly cautious and pay attention to changes.
When investors encounter flag pattern consolidations, what operational strategies should they consider?
In terms of the upward flag pattern, there are two situations when it breaks upward: one is breaking the upper boundary line, pulling back, and then rising again; the other is breaking the upper boundary line and continuing to rise directly, meaning both the breakout and the pullback can serve as buying points, with the pullback situation being rare. Once the flag pattern fails, it can easily lead to account losses, so a stop-loss should be set. A reasonable stop-loss position is generally set at the lowest point of the flag in the upward flag pattern. #比特币打破感恩节魔咒