flag pattern explained

Flag Pattern Explained

What is flag chart pattern? Flag chart pattern ek continuation pattern hai, jo upar ya neeche ki taraf trend ke dauran ban sakta hai. Yeh pattern price movement ke samay ek flag ya pennant jaisa formation create karta hai. Flag pattern usually short-term trends mein dekha jata hai aur usse generally trend ke continuation ki indication milti hai Flag pattern do important components se bana hota hai: pole aur flag. Pole, trend ke time create hota hai aur vertical price movement ko represent karta hai. Ye pole price movement ka initial impulse hota hai. Pole ke baad, price mein consolidation phase hoti hai aur is phase ko flag kehte hain. Flag pattern mein price flagpole ki taraf chhote, narrow range mein trade karti hai. Pole and flag Pole: Bull flag pattern mein, price mein ek sharp upward movement hota hai, jo pole ke roop mein dikhta hai. Is movement mein price mein substantial rise hoti hai. Flag: Pole ke baad, price mein sideways consolidation phase hoti hai. Yeh consolidation phase ek horizontal channel mein hoti hai, jahan price ek range mein trade karti hai. Price ke is phase ko flag kehte hain. Ismein usually volume decrease hota hai. There are some important points for creating a flag pattern: ✓Flagpole ki length flag pattern ke formation ke dauran consideration mein li jati hai. Agar pole bahut bada hota hai, toh flag formation ka time bhi badh sakta hai. ✓Flag pattern ke formation mein price ke narrow range aur decreasing volume ka dhyan rakha jata hai. Yeh consolidation phase flag pattern ki ek important characteristic hai. ✓Flag pattern complete hone ke baad price usually previous trend ke direction mein continue karta hai. Isliye, agar bullish flag pattern hai, toh price ke breakout ke baad bhi bullish movement ki expectation hoti hai. Confirmation Flag pattern ko trade karne ke liye, traders breakout ke baad entry aur stop-loss level ko identify karte hain. Agar price flag pattern se bahar nikal jata hai, toh long ya short position enter kiya jata hai, depending on the direction of the breakout. Stop-loss level usually flag pattern ke opposite side par rakha jata hai Mujhe ummeed hai ki yeh information aapko flag chart pattern ke bare mein samajhne mein madad karegi