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      Bullish flag

      1. Introduction

      Bullish Flag is a pattern that consists of two highs and two lows, formed by a slight price correction after previous rises. The pattern indicates that the price is likely to break through upward and continue to rise.


      2. Feature

      2.1 The top is getting lower and the bottom is getting lower and lower. The trend line connecting the two tops forms the resistance line for upward breakthrough, and the two bottoms form the support line;

      2.2 The resistance line and the support line together form a channel, and the price has recently broken through the resistance line, forming an upward trend.

      Risk Disclosure This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

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