Flag Pattern

Monday, February 15, 2010

     
In case of a Flag pattern a flag like picture appears in a graph as shown in this two pictures.

As in first picture we can see when the chart crosses the flag a definite level after that it has picked up a trend and it has started to run on that trend i.e. upside.

while the samr like this in the second chart the chart line has crossed the level of flag below side and thenafter it has started its journey towards downside. its in short the basic of flag pattern.

Its easy na!

SO, say

Hari Omm........

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