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SM Stock Market Method

Bull Flag's Faster Cousin #shorts

TL;DR

Full video: https://youtu. be/jkP9O18aFho Bull Flag's Faster Cousin.

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Where this fits in the Confluence Method

This lesson lives in the Stack step of the Confluence Method, where you confirm a key level, momentum and a trigger before a setup qualifies as a trade.

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Full transcript

1 sections

0:00The bull penant is the flag's tighter, sharper, more violent cousin. Here's how to trade it. A bull penant is a sharp pole than converging trend lines like a flag, but the lines compress instead of stay parallel. Volume dries up in the penant. I broke down the penant versus flag distinction on real charts in the full video link in the description.