If there is a continued pattern in bearish trend, it is a bear flag. It follows a strong move downwards – and comprises a flagpole as the strong move to the downside plus a consolidation phase which is known as the flag.
If there is a continued pattern in bearish trend, it is a bear flag. It follows a strong move downwards – and comprises a flagpole as the strong move to the downside plus a consolidation phase which is known as the flag.
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