KLCI Daily Chart

KLCI Daily

Just a quick update and appreciate if any of you can comment on this chart. Let's learn together.
Look at the up arrow marking a breakout to the upside and currently we have seen a few days of consolidation forming a " Flag . " A flag is a continuation pattern and if we were to trade based on this pattern, we can only go long. The thing is this ...this flag looks a bit small. The uptrust bar was small too.

And yes ...it's a bar chart. :)