PriceAction Forex Ltd.
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🔴 DOES THE PRO SIGNAL INDICATOR INDICATE BUY AND SELL SIGNALS❓
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Repost from PAFX Algo Copy Trading
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🔔 LET'S LEARN CHART PATTERNS 📈
Today's Topic 📚
Bull Flag 🔽
📈 Watch as prices soar with two dynamic rallies separated by a brief consolidation, forming a distinctive flag. The initial surge blindsides sellers, creating a vertical flagpole, followed by a parallel pullback.
💼 Profit from market dynamics as the price retracement reveals a tight range, signaling support despite profit-taking and short-term reversals. The orderly pullback forms a tilted rectangle, showcasing the market's resilience.
📊 Stay ahead of the game during consolidation – be ready to act as the price breaks through upper resistance levels, signaling bullish control for another rally. Plot the parallel diagonal trendlines to guide your strategic moves.
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