Hey friends! 📣 I want to share a key nuance in technical analysis I initially missed. Big shoutout to my fellow traders for spotting the flaw in this bull flag setup! 🙌

Check out the first screenshot 📷: the flagpole stretches way beyond the channel's boundaries (circled in red 🚫). This means the bull flag is invalid, and these setups often break downward 📉, not upward. In a proper bull flag, the flagpole stays neatly within the channel (see the second screenshot ✅).

Honestly, I didn’t know this before, but I’m stoked to share it now! 😄 This makes the current setup super intriguing to watch as it unfolds. 👀