> Flag Buy Signal - When the price has moved higher and prices have consolidated, creating a channel of support and resistance, a potential buy signal is given when prices penetrate and close above the upward resistance line.> The pattern has completed when the price breaks out of the containing trend lines in the direction of the prevailing trend, at which point it will likely continue its course.
> Targets: The length of the flagpole can be applied to the resistance line of the flag to estimate the advance or target area.$BINANCE:BTTUSDT
> Targets: The length of the flagpole can be applied to the resistance line of the flag to estimate the advance or target area.$BINANCE:BTTUSDT
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.