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Finsensei69
10 Mar 2023 pukul 15.09

ITC Flag and Pole Pattern Pembelian

ITC LTDNSE

Deskripsi

ITC is forming a flag and pole pattern, ITC has shown great growth during the hard time when the market has been acting up bearish. It is safe to say that ITC will manage to grow unhindered from the markets current sentiments thus making it a good for long trade.
Komentar
Forever_Noob
For flag and pole, isn't the flag supposed to be in downward direction?
Finsensei69
@Forever_Noob It is upon a trader's discretion actually.

The logic behind the flag part of the pattern is that after a rally the price tends to consolidate.

The consolidation can be downwards, flat or sometimes slowly rising.
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