aeore
hipshwweceahomarket comindephpiag limits cbr
Flag Lnits- DBDIRBR
Flag Limits
Price spends more time in consolidation ranges than moving and trending.
Uni recently | woul wait ti price breaks aut ofthese ranges and | would wait for a retest of the break
But these ranges are tradeable, so why not benef?
‘A few months back tyante posted an image of a BEFL and he sald price should bounce a this area and he pointed at a DBD
hiccup inthe way down,
| said i have noticed alot ofthese and asked what isthe name, he said "we dont have a name fri, just a decision point”
fold him "think found me some new homework, igo find many examples of it and report back."
| guoss this fs it pow,
So here is a short ticle of what isa "Flag Limit” since its widely used lately. It should help avoid contusion
‘As Vnyante said awhile back : "I there's an area of indecision, it manifests ise as a ag. The limits ofthis Nag then become the
He also said that “the Flag Limit represents the end ofthe momentum”.
{All crac goes fo him, fr bringing it to my atention.
Bolow are some graphic reprusentation to simplify things before we go on eal examples
1aeore Flag Units- DBDIRBR
a =o
a7
Jane past we nave
rome bce o SR
2 trapped insgo to 2 coos
mis of ag url one
a pres treats outa the
Fagaroa
and some ral examples fallow
hipshwweceahomarket comindephpiag limits cbr