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How long can a flag be?

Chart Forum » Chart Patterns » How long can a flag be?

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hailoh
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Username: hailoh

Post Number: 180
Registered: 04-2003

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Wednesday, August 16, 2006 - 08:31 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The first flag in the attached chart is a clear continuation pattern (of the downtrend). Is the current pattern still a flag, or has it extended too far? Anyone able to show other examples (and outcomes)?

ASX daily flags

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