// TRADING TERMINOLOGY

What is Bull Flag?

A continuation pattern that occurs after a sharp price increase (the pole) followed by a short period of consolidation (the flag).

In-Depth Explanation

A breakout above the upper trendline of the flag signals a continuation of the previous uptrend. It is one of the most reliable bullish patterns.

"The Nasdaq 100 broke out of a bull flag on the daily chart, leading to another 5% gain."

A continuation pattern that occurs after a sharp price decline followed by a short period of upward consolidation.

When the price of an asset moves above a resistance level or below a support level with increased volume.

A market condition where prices are rising or expected to rise.

A market condition where prices are falling or expected to fall.

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