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Breakouts usually happen in the same direction as the flag pole and, when backed by volume, can be highly reliable. Another short-term continuation pattern is the flag pattern. Like the pennant ...

A bear flag pattern is a powerful technical setup used by traders to identify potential opportunities in a down-trending market. Recognizing and effectively trading this pattern can be ...

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Enjoy this post? Share the love. Unlock the secrets to mastering the powerful bull flag chart pattern with our comprehensive guide! Dive deep into the world of bull flag mastery and discover key ...

With an in-depth understanding of the charts, traders can even make profits during crashes and rallies. Every trader, even a novice, has heard of the bull flag pattern among other technical patterns.

He is a Chartered Market Technician (CMT). In the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a ...