🔔 NEW PATTERN ALERT 🔔
📊 Flag Formation Detected 📊
Timeframe: 15 min chart
The FLAG formation is a simple three-leg pattern that develops against the more significant trend. To visualize this formation better, we will label the three legs as A-B-C, where legs A and C are going to move in the same direction, and leg B will represent the pullback.
For a FLAG to be a valid pattern, all we need is a three-leg structure where the first and third legs are similar in length, and before the formation, we should have a solid and clean trend move.