Nifty is forming flag after flag in weekly time frame

16 בינו׳ 2022

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.

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