Flag pattern: Learn how to identify and trade flag
Learn how to identify and trade flag patterns effectively in the stock market. Explore their types and strategies to enhance your trading approach. The flag pattern is a continuation chart formation that emerges after a significant price move, followed by a consolidation phase within parallel trendlines. The flag chart formation reflects a brief pause in the trend before resumption. In this article, we will break down the Flag Pattern , explain how to identify it, discuss target prices and stop-losses, and provide examples to simplify the concept. What is a Flag Pattern ? Learn the flag chart pattern in technical analysis. Discover bullish and bearish setups, how to spot a flag pattern breakout, and key trading strategies.
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