Flag Patterns - Flag Chart Patterns
Flag
patterns in stocks are found frequently within trends. Flag patterns are
continuation patterns marked by a big price move followed by a brief minor
retracement and narrow price action. Flag patterns have the appearance of
a flag on a pole.
There
are two primary flag patterns, the bull flag and the bear flag. Bull flag
patterns are upside continuation setups found within an
uptrend, while bear flag patterns are downside
continuation setups found within a
downtrend.
Bull Flag - Bull
Flag Pattern
Bear Flag - Bear Flag Pattern
Click on bull flag and bear flag
pictures to learn more about each pattern.
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