Bullish Flag: It is formed in an uptrend. It is a bullish signal confirming that the uptrend may continue further. It is a small pause, where the price is consolidated between the two parallel line forming a rectangle flag, before the pattern continues.
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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.