Crude oil continued to trace out a small potential bull flag pattern on Thursday as it traded outside day and down for the day. It remains poised for a potential breakout of the flag that has been ...
A bull flag is considered to be a continuation pattern, so the probability of a breakout happening above the resistance level may be higher than that of the support line failing. Like the bull ...
A bull flag pattern is a continuation pattern that forms during an uptrend. It gets its name from its shape, which looks like a flag on a pole when plotted on a price chart.