Bullish Banners are tracked down in the diagram major areas of strength for with and are consider as Bullish Continuation Examples. They are called as bull banners since they seem to be a banner on a post. The Banner is a square shape point down to the predominant bullish pattern.
Check points:
1.Dependable Banner perform better in winning vertical market pattern.
2.Tall banners perform better compared to short ones
3. Legacy or pullback after breakout, hurt execution.
4. Banners with falling volume pattern perform better.
Psychology:
The state of the banner not generally so significant as the brain research behind the example. During the solid vertical meeting development of bullish banner show that the stock decline the to drop. The breakout from banner frequently bring about strong vertical moves. The objective of this moves is by and large same as the size of the shaft. It is likewise critical to realize the these example work same in inversion and known as Negative Banner.
Study Example
Lets study some real-life example for bullish flags

Fig 1.1 Bullish Flag
In over the model (fig 1.1) we can major areas of strength for see in improvement, then, at that point, solidification stage happened, this made the bullish banner example. notice the volume is falling during the development of the banner. Take a gander at the solid breakout candle, it shows that bull have taken control again major areas of strength for with. This example breakout then move the stock cost to the new high. Target is approx. same as that of size of post.
Fig 1.2 Bullish Flag Failure
Above model show bullish banner disappointment (fig 1.2) the cost move didn't arrive at the normal objective. Take a gander at the breakout flame. The breakout light is a Doji. Thus, on the off chance that you realize candle signal you should be ready at breakout on the grounds that the doji address hesitation and this breakout is certainly not a solid. You ought to be out of the exchange on the off chance that you see any shortcoming the cost and search for one more exchange opportunity where likelihood of winning the exchange is more prominent or you can just put a protected stop misfortune.
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