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Bull Flag 101: A Step-by-Step Guide

Feb 02, 2025

πŸ“ **Live from Wall Street in New York City!** 🌟 

 

In this video,  Mitch Firestone  will  break down the**bull flag pattern**—a classic chart setup used by traders to identify potential breakouts.

 

Here's what we cover:

βœ… How to identify the flagpole and the flag formation on a 15-minute chart.

βœ… The importance of **sideways or slightly downward action** during consolidation.

βœ… Why a **declining volume profile** is a key signal in this pattern.

βœ… Entry strategies, including waiting for a **bullish candle to close outside the flag boundary** for confirmation.

βœ… Risk management tips to protect your trade.

 

If you're looking to refine your trading skills and spot high-probability setups, this video is for you! πŸ’Ή 

 

πŸ‘‰ **Subscribe** for more in-depth trading strategies, live analysis, and insights from the heart of Wall Street.

 

#TradingStrategy #BullFlagPattern #StockMarket #WallStreet #DayTrading


 

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