Today, we are going to examine the forex flag pattern which is one of the most successful chart patterns in technical analysis according to Thomas Bulkowski, author of the book entitled, Encyclopediaof Chart Patterns. He states that bull flags meet their upside targets 64% of the time. This is good to know as a traders can have a little more confidence in a trade setup that breaks out from a bull flag pattern. Being a continuation pattern, forex flag patterns, by nature, are expected to travel in the same direction as the trend leading up to the flag pattern. Learn Forex: Bull Flag Pattern (Created using FXCM’s ... (full story)