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22 Feb 2015
Chart Patterns Can Be Fun To Learn

One of many first experiences most traders get though when beginning technical analysis study is chart pattern identification. One of the primary patterns most traders learn is the flag pattern. This can be a straightforward continuation pattern that forms following a strong trending market. The pattern can be a congestion pattern that is nearly the same as triangle and wedge patterns. The key difference between these patterns combined with the flag pattern is slope with the lower support as well as the top resistance area. There isn't any convergence between the two trend lines and they both run parallel to one another unlike the triangle pattern which regularly gets tighter as both trend lines...