Bull Flag Swing Trading Breakouts by Ken Calhoun
Missed your entry on a big breakout? A trend continuation could give you a second chance. Here’s how to spot a pattern that gives you the opening you need.
If you have ever missed entering an initial big break-out, one strategy you may find useful is to look to enter breakouts following bullish flag patterns, so that you can enter a trend continuation. This momentum trading strategy, which I’ll describe here, is designed to capitalize on continued volatility following a pullback in a strong uptrend. This month’s column will go beyond the basics of bull flags, adding two additional technical signals to this popular pattern ...