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Bearish Flag

Short-term continuation pattern after strong downtrend, showing consolidation before further downward move.

By the TradingCalculator.Pro team · Updated on · About us

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What you will learn

How to Trade

  1. Identify strong bearish move (flagpole)
  2. Consolidation in upward channel (flag)
  3. Enter on bearish breakout of the flag (Entry 1 or Entry 2)
  4. Stop loss above the flag
  5. Take Profit 1 and 2: flagpole length projected
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