A second variation is the descending flag pattern. This is a true pullback from the top of the flagpole. While the trading could create a 'W', that may not always be the case. The top and bottom ...

Meanwhile, descending triangles are bearish ... Another short-term continuation pattern is the flag pattern. Like the pennant, flags show up after a sharp price move or a flag pole.

"Chart Patterns: Flags." TrendSpider. "What Is A Wedge And What Are The Rising And Falling Wedge Patterns?" TrendSpider. "Chart Patterns: Ascending and Descending Triangles." TrendSpider.

You can improve some of your results by looking for a descending pattern of volume during the flag or pennant formation. You can see this pattern of falling volume while the USD index consolidates ...

Key Takeaways The U.S. dollar index held steady on Monday after hitting a three-year low last week, as the greenback is on ...

Traders with a bullish outlook should look for a surge beyond the top descending trendline of the flag pattern, accompanied by high trading volume, as a signal for entry. When a stock breaks up ...

Solana price prediction: descending triangle points to $102, 30 % lower, even as the network has generated $4.79 m daily ...

Bullish traders will want to watch for a break up from the upper descending trendline of the flag formation, on high volume, for an entry. When a stock breaks up from a bull flag pattern ...