Flag and pole pattern is a typical chart pattern used in technical analysis. Learn to find and confirm flags , interpret breakouts, and get trading signals. The flag pattern is a continuation chart formation that emerges after a significant price move, followed by a consolidation phase within parallel trendlines. The flag chart formation reflects a brief pause in the trend before resumption. In technical analysis, a flag is a price pattern resembling a flag on a flagpole. It suggests the continuation of a current market trend, identifiable by a sharp countertrend followed by... How To Trade Flag Chart Patterns – With Annotated Diagram This technical analysis guide teaches you about Flag chart patterns . We start by discussing what flag patterns are and how they are presented on a chart. Then, we explore the flag pattern indicators that show potential buy or sell signals.