Lessons › Chart patterns › Bull flag
World 3 · Chart patterns · lesson 4 · level 2
Bull flag
A fast rise, a small calm drift down, then another push up: the flag is the market catching its breath.
What it is
A fast rise, a short calm pause, then price breaks out of the pause.
Your task in the app
Find the pole and the flag. Buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 72 | 44% | 50% | 6% |
| United States | 85 | 46% | 52% | 2% |
| Japan | 66 | 42% | 56% | 2% |
| Crypto | 329 | 39% | 57% | 4% |
| Forex | 49 | 41% | 51% | 8% |
| Commodities | 23 | 22% | 74% | 4% |
Counted on real past charts by the Trading Class research engine, 624 cases in all. Past odds, not a forecast.
Read more on the Bull flag pattern page.
Goal of this lesson: Identify a bull flag and its flagpole, and understand how it can continue a rise.