Master Trader – Master Trading Bull and Bear Flag Patterns
Flags are excellent chart patterns for swing and day trading.
Where it forms in relation to Minor and Major Support or Resistance is a key concept.
The most bullish flags in and up trend will “create support” – and the most bearish flags will create resistance.
We will cover this Master Trader concept.
We are going to teach you basic and advanced concepts of the Flag Continuation Patterns — and how to trade using Flags.
Flags and Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes.
It is important that flags and pennants are preceded by a sharp advance or decline.
Without a sharp move, the reliability of the formation becomes questionable.
We will review multiple examples.
What You’ll Learn In Master Trading Bull and Bear Flag Patterns
- The Setup of the Master Trader Bull and Bear Flag Continuation Patterns and how to pick the best-looking ones
- The psychology of the pattern and how they are being created with supply and demand
- Using Multiple Time Frames (MTF) to perfect entry
- Trading stocks and options on these setups for maximum returns
- Watch us scan for new trade setups and discuss what to look for to invest and trade in these setups