A flag chart pattern is formed when the market consolidates in a narrow range after a sharp move. Flags can be seen in any time frame but normally consist of about five to 15 price bars, although that is not a set rule. Flags are excellent chart-pattern-trading candidates. They're generally small, which means high reward from low risk.
sentiments are bullish let us see how nifty behaves near Resistance area. I had a very great experience playing flag pattern on weekly time frame in nifty. See below idea. Tellegramm--- search Trading or Nothing
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