Read Bullish Bull Flag Chart Pattern
A Bull Flag pattern setup is a bullish continuation pattern - This is a market signal which shows the current market trend is taking a break before resuming the current upward direction of the market xauusd.
If the Bull Flag upwards continuation pattern setup forms on the chart it signals that the market is taking a pause before resuming the current upwards trend. The Bull Flag continuation setup in a upward trend is known as a bull flag continuation chart pattern which signals that the price is consolidation but keeps moving higher & higher forming a pattern that resembles a rising bull flag. Traders should sit tight and-wait for a confirmation signal of the Bull Flag chart pattern setup before opening a trade based on this bullish continuation pattern setup. Once there is a price break-out to the upside of this bull flag pattern setup, then the Bull Flag continuation chart pattern is confirmed and prices will then continue to move in direction of the current upward trend.
How Do I Read Bull Flag Chart Pattern - Read Bullish Bull Flag Pattern