The bullish flagThe bullish flag breakout pattern is a popular chart pattern in technical analysis that signals the continuation of an uptrend. It typically forms after a strong price surge, where... breakout pattern is a popular chart pattern in technical analysis that signals the continuation of an uptrend. It typically forms after a strong price surge, where the market takes a brief pause or consolidates before resuming its upward movement. The pattern resembles a flag on a pole, hence its name.