BOREARIS

Hang Seng 50 Bear flag 1 hour

Hang Seng 50 1 hourConfirmed Oct 21, 22:00 UTC+8
BaseLowBounceConfirmedClosedInvalid 23,717Confirm 23,62723,601Target 1 23,538Target 23,450━ MA20 + Bollinger Bands ━ MA50 1 hour70503035.87━ RSI ━ 9MA0-79.95━ MACD ━ MACD Signal10/21 00:0010/21 06:0010/21 11:0010/21 16:0010/21 21:0010/22 02:00
BaseLowBounceConfirmedClosedInvalid23,717Confirm23,62723,601Target1 23,538Target23,450━ MA20 ━ MA5070503035.87━ RSI ━ 9MA0-79.95━ MACD ━ MACD Signal21 04:0021 14:0021 23:00

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

Target23,450
First target23,538
Confirmation23,627
Invalid at23,717
Move+0.15%

Timeframe1 hour
ConfirmedOct 21, 22:00
ClosedOct 22, 00:00
Duration3.0 h
Reward / risk1.98

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 21, 09:0024,137
Pole bottomOct 21, 16:0023,600
Bounce highOct 21, 20:0023,704
ConfirmationOct 21, 22:0023,627

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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