Flag

Bull and bear flags charting example.  This video covers the basics of how these chart patterns can be used in trading.

How to trade flag and pennant patterns.  This basic chart pattern can be used to identify trends in the market.

Video of flag and pennant chart pattern.  This video details how these formations can be identified and traded in the market.

Flag Chart Formation Definition

A flag chart formation occurs after a security experiences an impulsive up or down move. After such a strong run-up, the security will take a "breather" before continuing in the direction of the primary trend.