All language subtitles for 7. Flags & Pennants - Continuation--- [ DevCourseWeb.com ] ---

This Mario is about flex and pennance which is also the last type of range that we'll be discussing.

Most of the time it's a continuation pattern.

It usually happens after a strong move and well-priced stops it forms before continuing to the upside.

It was an option.

OK so.

So this is basically also a channel a diagonal channel

patens or

more like a triangle except the the other line is not always on top.

This is a rectangle is but the kids have attended both of them are diagonal.

These are usually just what I call stop phases

where the market just needs to breathe and continue its direction

these patterns may fail as well.

Usually the shorter it is the more likely it's going to continue.

So let's take a look at some charts

like this this field pattern right.

This is a pennant that forms

and most the time it breaks the upside.

But in this case it versus.

Always look at a higher timeframe to see where we are in the bigger picture.

OK.

This is smallest Thank you.

Spazzes just briefly and then continues.

Here's another one.

This is more of a rectangular range right.

Had this been slightly something like this it's like.

But regardless it's still what I call a continuation range.

Right.

Practice stops for a moment here.

That's fine.

Now OK here goes.

So I stopped for a moment here regained its momentum and brakes them say OK so basically I've covered

the top of Rangers and let's move on to the next model.