BULLISH FALG & POLE PATTERN
(CLICK ON IMAGE FOR CANDLE STICK CHART VIEW)
The flag and pole pattern is a chart pattern that is formed when there is a sharp move in UPWARD direction, and after the sharp move, the price consolidates in a range and then continues to move in the same direction once it breaks out of the consolidated range. (click here)
BULLISH FLAG & POLE PATTERN WIHT CANDLESTICK CHART VIEW 👇👇
(CLICK ON ABOVE IMAGE FOR CLEAR CHART VIEW)
Note : It's important to note that the flag and pole pattern is just one of many chart patterns used in technical analysis, and traders should always use multiple indicators and techniques to confirm their analysis before making trading decisions
Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
BEARISH FLAG &POLE PATTERN
(CLICK ON ABOVE IMAGE FOR CANDLE STICK CHART VIEW & BETTER UNDERSTANDING)
The flag and pole pattern is a chart pattern that is formed when there is a sharp move in DOWNWARD direction, and after the sharp move, the price consolidates in a range and then continues to move in the same direction once it breaks out of the consolidated range.
BEARISH FLAG & POLE PATTERN WIHT CANDLESTICK CHART VIEW 👇👇
As we can see the above chart the asset has almost show downside move upto (30-40%) click on image for clear candlestick chart view & for better understanding.
Note : It's important to note that the flag and pole pattern is just one of many chart patterns used in technical analysis, and traders should always use multiple indicators and techniques to confirm their analysis before making trading decisions
Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
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