#Trb

A bullish flag pattern typically appears in an uptrend and signals that the current trend will likely continue. Here's a step-by-step breakdown of a bullish flag pattern:

1. Flagpole: The pattern starts with a strong upward movement in price, which forms the flagpole. This indicates strong buying interest and momentum.

2. Flag:After the sharp rise, the price enters a consolidation phase, moving sideways or slightly downwards in a rectangular shape. This period of consolidation forms the flag part of the pattern and represents a temporary pause in the uptrend as some traders take profits.

3. Breakout: The pattern completes when the price breaks out above the upper boundary of the flag with increased volume. This breakout signals a continuation of the previous uptrend, indicating that the price is likely to move higher. (DYOR)