How to trade BEARISH FLAG?
Trend: Bearish
Type: Trend continuation
Timeframe: From 30m
Entry point: The entry is carried out after the breakout of the support level inside the diagonal channel of the figure
Shape: A strong downward impulse, and then a price increase inside the diagonal channel, after the breakout of which another impulse follows
Diagonal channel: Smooth upward movement. Price moves between two parallel diagonal trendlines
Flag body: Consists of 4 - 20 candles
Goal: Usually equals to the height of the first pulse
Breakout chance: 75% - Downward/25% - Upward