Flag Pennant Scanner
Flag Pennant Scanner is a Price Action (PA) analytical tool that scans the continuation patterns known as "Flag and Pennant Patterns" . This scanner is a multi - currency scanner with an easy-on pattern display dashboard. The scanner also comes with two major Flag Pattern trading strategies.
Flag and Pennant patterns are continuation patterns characterized by a move in a previous trend direction after a shallow retracement usually below 50% of the original move . Deep retracements can however be sometimes found at the 61.8 % levels. The original move is know as the flag pole and the retracement is called the flag. Read More Here
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