BOREARIS

EUR/USD Bear flag 4 hour

EUR/USD 4 hourConfirmed Oct 29, 18:00 UTC+8
BaseLowBounceConfirmedInvalid 1.117401.11359Confirm 1.11336Target 1 1.11148Target 1.10960━ MA20 + Bollinger Bands ━ MA50 4 hour70503037.98━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal10/23 02:0010/24 01:0010/26 18:0010/27 18:0010/28 18:0010/29 18:00
BaseLowBounceConfirmedInvalid1.117401.11359Confirm1.11336Target1 1.11148Target1.10960━ MA20 ━ MA5070503037.98━ RSI ━ 9MA-0.00━ MACD ━ MACD Signal24 01:0027 10:0029 02:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Bear flag: Active

Target1.10960
First target1.11148
Confirmation1.11336
Invalid at1.11740

Last 1.11446, 0% of the way to target (target is 0.34% from confirmation).


Timeframe4 hour
ConfirmedOct 29, 18:00
Duration1.6 h
Reward / risk0.93

What this tells you

A sharp drop followed by a small bounce; a break below the consolidation usually means the downtrend resumes.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
Pole baseOct 26, 10:001.12266
Pole bottomOct 28, 14:001.11125
Bounce highOct 29, 02:001.11695
ConfirmationOct 29, 18:001.11336

Recently closed Bear flag patterns: 23 in total, 14 reached the target first (61%), 9 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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