I am still awaiting for some positive replies from experienced members.
Dear Paul
Both patterns belong to continuation pattern group.
Meaning, they will not offer you a reversal in price.
A trader will lose a lot of money with these patterns if he does not know how to identify, validate and trade with these patterns.
I have attached some images for you.
Kind regards,
-Muhammad Azeem
Price Patterns and Chart Patterns video course
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Files:
ReadyForex-Diamond.png
171 kb
ReadyForex-Bull_Flag.png
11 kb
Thanks Muhammad Azeem for your valuable suggestion. New forex traders should not follow Diamond and Flag Forex Pattern as they don't have much knowledge of it.
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What is Diamond and Flag Forex Pattern and how these help to analysis forex market?