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A bull flag is a chart pattern used by technical traders to signal when the market is likely to rally further. This pattern usually appears when prices undergo a short-term corrective phase within a broader uptrend, indicating that the asset is likely to experience a further rise in price. The pattern unfolds in specific phases, starting with a significant upward surge caused by a strong influx of buying pressure. This initial movement can be a reaction to positive sentiment, fundamental news, or market dynamics that favour an increase in the asset’s value.
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A bull flag is a chart pattern used by technical traders to signal when the market is likely to rally further. This pattern usually appears when prices undergo a short-term corrective phase within a broader uptrend, indicating that the asset is likely to experience a further rise in price. The pattern unfolds in specific phases, starting with a significant upward surge caused by a strong influx of buying pressure. This initial movement can be a reaction to positive sentiment, fundamental news, or market dynamics that favour an increase in the asset’s value.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.