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High and Tight Flag

The High and Tight Flag is a strong bullish continuation pattern where price doubles in 1-2 months then moves sideways.

+90%TIGHT FLAG(Narrow, tight flag)High and Tight Flag: Rise +90% → Flag narrow → Rise strongly

Pattern Details

Category

continuation

Success Rate

85%

Average Move

+69%

Duration

1-2 months

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Flagpole portion: Strong advance, doubles price
  • 2
    Flag portion: Tight sideways, no more than 25% pullback
  • 3
    Breakout: Continues strong advance

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • ✓
    Enter position when price breaks above flag high
  • ✓
    Flag should not be lower than 25% from high
  • ✓
    Target = Length of flagpole
  • ✓
    Stop loss below flag low
Trading Tips
  • Bulkowski's strongest pattern
  • Flagpole must advance strongly (double)
  • Flag must be tight, minimal pullback

Statistics

Breakout Statistics
Bullish Breakout85%
Bearish Breakout15%
Performance Metrics
Average Rise+69%
Average Decline-0%
Pullback Rate5%