Forex Trading

Bull flag trading patterns are one of many patterns that traders study in the markets. Trading patterns are a way to simplify the markets and condense information into repeatable, visual formations…. As you can probably tell from the visual pattern of an abcd, the CD leg of the pattern looks a lot like a bull …

In simplest terms, closing a position in trading means to terminate or exit an existing trade. When a trader decides to close a position, they are essentially taking action to finalize their trade and exit the market. This action could be motivated by various factors, such as achieving a profit target, stop loss being triggered, …