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Bullish Flag
Short-term continuation pattern after strong uptrend, showing consolidation before further upward move.
By the TradingCalculator.Pro team · Updated on · About us
Start your 7-day free trial →What you will learn
- Reliability: High
- Timeframes: 15m, 1H, 4H
- Continuation Pattern · Bullish
How to Trade
- Identify strong bullish move (pole)
- Consolidation in bearish channel (flag)
- Enter on bullish breakout of the flag (Entry 1 or Entry 2)
- Stop loss below the flag
- Take Profit 1 and 2: flagpole length projected