Bullish and bearish flag pattern

"Continuity Patterns"

1️⃣ Bullish flag pattern:

The emergence of such a pattern is preceded by a sharp price movement in the form of an almost straight line, accompanied by a large volume of trading. In the process of formation, volume indicators gradually decrease, often “flags” are formed near the middle of the price movement. As a result, after the breakout, the price must pass the same distance as it did before the formation of this number

2️⃣ Bearish flag pattern:

The emergence of such a pattern is preceded by a sharp price movement in the form of an almost straight line, accompanied by a large volume of trading.

In the process of formation, volume indicators gradually decrease, often “flags” are formed near the middle of the price movement. As a result, after the breakout, the price must pass the same distance as it did before the formation of this number

Target - the place where you want to close an open trade)

#StartInvestingInCrypto #Binance #bitcoin #solana