What is the pole and flag pattern in the technical analysis of the stock market?

A Flag and Pole chart pattern is formed when the price consolidates in a narrow range after a sharp move. The consolidation part of the pattern replicates a flag on the pole, You can check the below image of Nifty 50 weekly.

When formed in an uptrend it is called as Bullish Flag and In a Downtrend it is called as Bearish Flag

Credits :- Fearless Trader by Prathamesh Tawde