What Is Bull Flag?
The Bull Flag is a bullish continuation pattern consisting of a strong upward move (flagpole) followed by a brief downward-sloping consolidation (flag). The pattern resolves with a breakout above the flag in the direction of the original move.
Win Rate
67%
Avg Move
Flagpole height
Best TF
5m-Daily
BullishChart Formation5-15 CandlesBeginnerHigh Reliability
Key Characteristics
- Strong upward move forms the flagpole
- Brief consolidation slopes slightly downward
- Volume decreases during flag, increases on breakout
- Target = flagpole height added to breakout
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