A flag pattern is a type of chart continuation pattern that shows candlesticks contained in a small parallelogram.
It is an area of consolidation which shows a counter-trend move that follows after a sharp price movement.
The pattern consists of between five to twenty candlesticks.
In this blog, we will be discussing the formation of this pattern as well as how to trade with this pattern.
It is an area of consolidation which shows a counter-trend move that follows after a sharp price movement.
The pattern consists of between five to twenty candlesticks.
In this blog, we will be discussing the formation of this pattern as well as how to trade with this pattern.