The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern.
do BUY if the price breaks the upper trendline. or wait for a pullback.
do not use it to trade without further analysis.
leave a comment if there is something i miss. thank you.
do BUY if the price breaks the upper trendline. or wait for a pullback.
do not use it to trade without further analysis.
leave a comment if there is something i miss. thank you.
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