GBP/USD Bull flag 1 hour
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Bull flag: Target hit
What this tells you
A sharp rise followed by a small pullback; a break above the consolidation usually means the uptrend resumes.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Pole base | Oct 15, 02:00 | 1.31659 |
| Pole top | Oct 15, 17:00 | 1.32756 |
| Pullback low | Oct 15, 20:00 | 1.32302 |
| Confirmation | Oct 16, 02:00 | 1.32733 |
Recently closed Bull flag patterns: 14 in total, 7 reached the target first (50%), 7 were invalidated and 0 expired. Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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