Using bearish and bullish flag, dotted lines are resistance for each flag, u see, so once a flag structure is broken there's a reversal coming, a bulling flag has been shown.
Engulfing bull pattern.
Engulfing bull pattern.
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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.