The Flag Pattern is one of the most trusted continuation patterns in technical analysis.
It helps traders identify when a trend is simply taking a pause before continuing its move.
โจ Bullish Flag
Occurs in an uptrend. Price consolidates inside a small downward-sloping channel, then breaks out and continues upward.
๐ฅ Bearish Flag
Occurs in a downtrend. Price forms a small upward-sloping channel, then breaks down and continues the downtrend.
Why traders love this pattern:
โ Easy to spot
โ Works on any timeframe
โ Helps you enter with high confidence
โ Perfect for trend-following strategies
If you want more chart patterns and trading tips, keep following! ๐๐
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