Bull Flag
ChartA bullish continuation pattern with a strong upward move (flagpole) followed by a rectangular consolidation (flag) sloping slightly down.
Success Probability: 84%
Pattern Visualization
How to Identify
- Sharp rally forms flagpole
- Rectangular consolidation drifts lower
- Parallel trendlines form flag
- Breakout above flag resumes uptrend
Trading Tips
Strong continuation. Enter on flag breakout. Stop below flag. Add flagpole length to entry for target.
A bullish continuation pattern with a strong upward move (flagpole) followed by a rectangular consolidation (flag) sloping slightly down.
Trading Strategy
Strong continuation. Enter on flag breakout. Stop below flag. Add flagpole length to entry for target.
How to Identify
- Sharp rally forms flagpole
- Rectangular consolidation drifts lower
- Parallel trendlines form flag
- Breakout above flag resumes uptrend
Risk Management
With a 84% success probability, this pattern offers strong reliability for trading decisions. Maintain standard position sizing.