Field Notes
When a flag is already finished
How our masterclass decides a consolidation has failed before the textbook breakout ever arrives.
In the Chart Pattern Masterclass we spend an afternoon on flags that never break in the expected direction. The useful test is not hope — it is whether price has spent enough time below the midline of the flag, or whether the pole’s momentum has already been given back.
Participants mark three historical examples, then one live chart. The rule we emphasise: if you need the pattern to “still be valid” for your idea to survive, the pattern is already doing you a favour by failing early. Naming that failure on the board is part of literacy, not pessimism.