A Bull Flag is a bullish continuation — a sharp rally (the pole) followed by a small, downward-sloping consolidation (the flag). A breakout above the flag resumes the advance.
How traders trade it
- Enter on the breakout above the flag.
- Keep the consolidation shallow and orderly.
- Project the pole height from the breakout for a target.
See it in dtcharts
Scan for the bull flag across markets in the dtcharts terminal — or draw it by hand with the charting tools.