PRICE ACTION:
• A steep upwards price action initiates from (1) till finding first resistance (2), creating the flag's pole.

• Price action reverses direction from (2) and forms lower highs and lower lows in a narrow flag formation till it finds the lowest support in the formation at point (3).

• The pattern is completed when price action reverse direction from the last touch to the lower flag border and goes upwards till it breaks the upper border at point (5).
Bullish FlagChart PatternsTrend Analysis

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