BOREARIS

GBP/USD Bear flag 15 min

GBP/USD 15 minConfirmed Oct 22, 22:15 UTC+8
BaseLowBounceConfirmedClosedInvalid 1.338101.33801Confirm 1.33658Target 1 1.33563Target 1.33469━ MA20 + Bollinger Bands ━ MA50 15 min70503054.19━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal10/22 13:1510/22 15:1510/22 17:1510/22 19:1510/22 21:1510/22 23:15
BaseLowBounceConfirmedClosedInvalid1.338101.33801Confirm1.33658Target1 1.33563Target1.33469━ MA20 ━ MA5070503054.19━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal22 16:1522 19:1522 22:15

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

Bear flag: First target, then break-even

Target1.33469
First target1.33563
Confirmation1.33658
Invalid at1.33810
Move+0.03%

Timeframe15 min
ConfirmedOct 22, 22:15
ClosedOct 22, 23:00
Duration1.0 h
Reward / risk1.24

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 22, 16:151.34190
Pole bottomOct 22, 19:001.33616
Bounce highOct 22, 20:001.33794
ConfirmationOct 22, 22:151.33658

Recently closed Bear flag patterns: 25 in total, 17 reached the target first (68%), 8 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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