PATTERN

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What this pattern is

A flag pattern is a short-term continuation pattern that forms after a sharp price move. The flag itself is a rectangular consolidation that slopes against the prior trend, followed by a breakout in the original direction.

Why traders watch it

Flags represent brief pauses in strong trends. Traders watch for breakout from the consolidation channel as confirmation that the trend will resume.

How Monorex helps

  • Automated flag detection
  • Breakout continuation alerts
  • AI Coach trend analysis
  • Volume confirmation tracking

Related patterns

Pennant PatternChannel PatternAscending TriangleSee all patterns

Monitor flag patterns with workflow context.

Track continuation patterns with Monorex alerts and AI coaching.