flagpole

The fast, straight move before a flag pattern, like the pole a flag hangs on.

The fuller meaning

The sharp, near-vertical move that starts a bull or bear flag. Its length is used for a rough measured-move target, projected from the breakout point; a pole that is not fast and strong makes the flag unreliable.

flagpole, also called pole.

Related words

apex · ascending triangle · bear flag · bull flag · busted pattern · chart pattern · continuation · continuation pattern · converging lines · cup and handle