According to Thomas Bulkowski, one of the most profitable technical patterns is the high and tight flag, breaking higher. According to Bulkowski, when properly recognised, it can reach a target up to 90% of the time. So, here is what you need to look for to recognise them. Here are the steps to recognising the pattern: First of all, you need to witness a steep and sharp price trend (ideally over 90% gain). Ideally, this price move should be around 45 degrees. Then you need to see the price form a small channel that resembles a ‘flag’ pattern. The best performance comes from when the flag slopes away from the ... (full story)