Trading the bull flag pattern helps you spot continuations in price and capture large price swings with ease. The bull flag chart pattern is a technical pattern that provides an accurate entry to participate in a strong uptrend. Flag patterns are beneficial for trading after a breakout or during a strong trending market. It helps identify the areas where corrective action occurs before the previous trend continues. In the next section, we’ll learn how to identify a bull flag in real-time conditions and how to trade the bear flag.
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Bybit, a crypto exchange, offers an ultra-fast matching engine across Spot, F&O, launchpads, earn products, NFTs & more.