Bullish Flag Pattern in Natural Gas

31 במרץ 2022

This kind of Flag pattern where after a sharp rally, price consolidates but the lower end of the range remains respected throughout the range while upper end keeps getting narrow representing the decreasing volatility in the price movement. Such formations are called Bullish Flag Pattern. This is currently in making and if price breaks out before the 2/3rd of the range is completed, we can see another sharp up move.