Hello, traders.
RVN is forming a Bearish Accumulation pattern called as a Bear flag.
A bear flag pattern is constructed by a descending trend or bearish trend, followed by a pause in the trend line or consolidation zone. The strong down move is also called the flagpole while the consolidation is also known as the flag.
The bear flag pattern comes after a strong move downwards. The stronger the move, the bigger the profit potential is.
After we identify the market trend and the characteristics of a good bearish flag pattern we need to wait for confirmation that the trend is about to resume.
There are two basic approaches to enter the market with the bear flag pattern. Aggressive traders will enter at the top of the bearish flag as this will secure a little bit of bigger profits.
Best regards.
Sando and Gustavo.
RVN is forming a Bearish Accumulation pattern called as a Bear flag.
A bear flag pattern is constructed by a descending trend or bearish trend, followed by a pause in the trend line or consolidation zone. The strong down move is also called the flagpole while the consolidation is also known as the flag.
The bear flag pattern comes after a strong move downwards. The stronger the move, the bigger the profit potential is.
After we identify the market trend and the characteristics of a good bearish flag pattern we need to wait for confirmation that the trend is about to resume.
There are two basic approaches to enter the market with the bear flag pattern. Aggressive traders will enter at the top of the bearish flag as this will secure a little bit of bigger profits.
Best regards.
Sando and Gustavo.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.