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TradersLibrary2 - anatomy of a volume profile trader

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Bull Flag

The bullflag is indicative of accumulation being built into the consolidation. It is

merely a sign of the setup resting before continuing higher.

A bullflag can be measured by adding the upleg, or flagpole of the pattern to the

top of the consolidation channel.

Another more modest option is to double the height of the consolidation pattern.

As you can see in the image above the NKD Weekly has found support near the

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