BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
As this pattern has made target I am giving some sort of rationality as to why we have paused here!

Bulkowski's High & Tight Flags :-

thepatternsite.com/htf.html

Calculations as to target for this pattern -

Compute the height from the start of the price swing (point A in the measure rule figure to the right) to the end of the price swing (B) and then take half of it. Add it to the bottom of the flag (C) to get the target (D).

Disclaimer

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.