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Old 09-24-2007, 05:48 PM
ItalianFX ItalianFX is offline
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Default Re: Flags - Just Basic Volume & Price TA

the other two times (left of chart) when the price spiked up, a small flag began, but then price went down. It could be indicative of what is to come, but I think we'd need to see volume levels to decide strength. All-in-all, if price goes up, you have resistance up ahead.

Also, you don't really want to get in until the price breaks. Guessing which way it is going to break is usually a losing proposition.
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