How to trade BULLISH FLAG?
Trend: Bullish
Type: Trend continuation
Timeframe: From 30m
Entry point: The entry point is carried out after the breakout of the resistance level inside the diagonal channel of the figure
Shape: A strong upward impulse, and then a price decline inside the diagonal channel, after which another impulse follows after the breakout
Diagonal channel: Smooth downward 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% - Upward/25% - Downward