Among many chart patterns, the "flag" is one of the simplest and easiest to recognize. For this reason, it is very popular among traders.
Whether they are professionals or market newcomers, traders use this pattern in their trading. This pattern belongs to the category of trend continuation patterns.
In other words, when it appears on a chart, it indicates that the main direction of price movement is likely to remain unchanged.
View Original
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Training
Among many chart patterns, the "flag" is one of the simplest and easiest to recognize. For this reason, it is very popular among traders.
Whether they are professionals or market newcomers, traders use this pattern in their trading.
This pattern belongs to the category of trend continuation patterns.
In other words, when it appears on a chart, it indicates that the main direction of price movement is likely to remain unchanged.