Short
Inverted Flag
Downtrend followed by inverted flag/pennant formation.
Look to short once a red candle closes below the support zone.
Stoploss - High of the pennant
Target - Approx length of flagpole
Look to short once a red candle closes below the support zone.
Stoploss - High of the pennant
Target - Approx length of flagpole
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.