In my view, the SRF flag pattern formed after an uptrend. Following a sharp weekly upward move (the flagpole), the price consolidated into a sideways flag before breaking out to the upside. The chart clearly illustrates this, with all key details marked for easy understanding.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.