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Hello:
In 08C->Side 20, said there is a "Bull Final Flag, could lead a reversal..."
My quetion is :
(1) How do i know it will be a final flag? What is the definition of Final Flag?
(2) Does "Flag" was a type of PB(Trend Range), or it is another words for PB? I'm confused
Flag and PB are sinonyms. And a PB is a special type of TR in which probability still favors trend resumption (In a TR it is 50%).
A Final flag can be only confirmed in hindsight but you can expect it in advance if you see signs of exhaution of the trend. Keep going thru the course, it has dedicated dedicated videos for them.
