Bearish flag

A bearish flag is characterized by a sharp drop in price followed a period of gradual price congestion moving higher within a
channel. On break out of the bearish flag, price then travels a minimum distance of the bearish flag, price then travels a
minimum distance of the flag post
 The following chart shows the bullish and bearish flag patterns along with how they are traded.

Bullish flag

After price starts to consolidate and move gradually lower, look to buy on the break out of the flag. The price objective is
expected to be the minimum previous distance of the flag post from the break out price level.

We notice how the price moved rapidly before entering a period of gradual exhaustion, shown by the number of candles within the flag. After breaking out of the flag
pattern, price rallies to reach not only the minimum price objective but rallies to make higher highs. The stops for the bullish flag are placed just at the low prior to the break
out from the bullish flag.
HOW TO PLACE POSITIONS AT DIFRRENT PRICE LEVEL

B
C
D

YOUR POSITIONS SHOULD BE PLACED AS A,B,C,D UP TO E AT DIFFERENT PRICE LEVEL USING PENDING ORDERS
How to take advantage of a retracement in a trade( risky but pays)

A,b,c use market execution

E,f use pending orders a
f
b e
c

For example your first entry is at a which is a fake out breakout before the actual move wait for price to move against you a bit add a position at B if
it keeps on retracing wait till you get a reversal pattern before adding another position when you have full confirmation that the trade is going your
way now at c you add positions above c but using pending orders in this case you would use buystop orders. Your first buystop should be at b were
u placed your second position using execution ,when price was going down. When you get to your first entry you will be deep in profits its risky if
the trade goes completely wrong
Bearish flags

a should be your entry

b should be your tp
c should be your sl

b
 A should be your entry
B should be your tp
C should be your sl

Always place your order after the first candle after breakout never place an order on the breakout candle no
matter how tempting it is
When tp is hit move sl into profits and hold till next year kkkkkkkk
 A should be your entry
B should be your tp
C should be your sl

Flag pole c

You might be wondering how you determine your tp or how far the flag will drop just measure using the flag
pole there the last aggressive push
Bullish flags
Note!!! There are also cases when you can find both a bearish flag inside a bullish flag but on a lower
time frame for example this is h1 check on the next picture on a lower timeframes its telling a
different picture at all but always have the bigger picture in mind always
On a lower timeframe m15 you can see the bearish flag waiting for the bullish on a
larger timeframe