A bullish flag is a continuation pattern with three key components:
Flagpole – A strong price surge.
Flag – A slight downward or sideways consolidation.
Breakout – Price moves above the flag’s resistance, continuing the uptrend.
Flagpole – A strong price surge.
Flag – A slight downward or sideways consolidation.
Breakout – Price moves above the flag’s resistance, continuing the uptrend.
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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.