This article will discuss what a bull flag chart pattern tells you, how to read and spot it, and the differences between a bull vs. bear flag chart pattern.

Bear flag appearing on an hourly candlestick chart for EUR/USD. Source: ThinkMarkets.com In this example, the exchange rate initially falls from around the 1.1000 area in a strong down move to the ...

Bullish flag on a GBP/JPY 4-hour chart, Source: TradingView. In this example, you can observe several factors. The first is that despite pulling back to the support level at 142 and below, the ...

One of the most well-known chart patterns is the flag pattern, which is created by price activity contained within a tiny rectangle or flag shaped channel. Flags, which are short-term continuation ...

As with other chart patterns, flags can sometimes give false signals, so it important to look for confirmation before making an investment decision. Compare Mortgage Lenders.

What is a bull flag chart pattern and how to spot it? View all comments (0) 0. Many security price forecasters use technical analysis, sometimes referred to as charting.