Chart Formation Patterns Lesson 04 Forex Bull Flag Formation Patterns

Forex Bull Flag Formation Patterns in Forex Trading

Another easily recognizable and widely acclaimed Forex analysis pattern, which many traders utilize, is the Bull Flag Formation, which signals a brief pause before the market continues moving upward. This pattern appears during strong uptrends and signals a temporary consolidation before the price continues moving upward. It typically forms during a strong uptrend and resembles a flag on a pole — hence the name. The pattern begins with a sharp, nearly vertical price increase called the flagpole, driven by strong buying momentum. 

This course teaches you all about how the bull flag formation pattern is used and implemented in Forex market analysis and how you can use it for better and more profitable trading.

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