In technical analysis, transitions between rising and falling trends are often signaled by price patterns. By definition, a price pattern is a recognizable configuration of price movement that is identified using a series of trendlines and/or curves. When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause.

1 Comment
  1. Naresh 5 years ago

    Hi,
    Your Question 1 :: Entry price, exit and stop loss in Flag?
    Your entry should be just above the breakouts of the consolidation
    Set a stop loss just below the flag formation
    Your target should be based on the height of the flag

    My Question 2 :: Volume for triangle pattern?
    Breakouts to the upside or downside, there must be a significant increase in volume to confirm the breakout.

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