You've heard the terms bear flag and bull flag right?
Now I can show what they actually mean!
And no, it doesn't mean a flag with a picture of an animal on them...
Here are two examples of what a bull flag and then a bear flag looks like:
They are continuation patterns in trending markets.
Keep in mind that they don't always workout like they are planned, but they are better than a coin flip.
Next time you hear these terms mentioned, now you too can join in on the conversation!
We need a Running of the Bulls flag 😁👍😁
I think we've got it, though only on bitcoin. Steem, not so much.
@jondoe, you are interesting to read!
Thanks.