Tutorials; Pennants and Flags

From winnersedgetrading.com

I’m about to show you a price action strategy that is completely profitable and useful. All the methods we use in Winners Edge Trading involved price action techniques and we believe that the best indicator every trader has got in his or her Forex journey is the price action. Let’s get started and learn another great method of trading: Pennants: Figure below shows an example of a pennant formation in EURUSD pair: I like to call these formations “Silence before Shout”. Pennants involve a triangular consolidation and they are much like a symmetrical triangle, but shorter in duration. Before formation of a ... (full story)