BOREARIS

NZD/USD Bear flag 1 hour

NZD/USD 1 hourConfirmed Oct 13, 09:00 UTC+8
BaseLowBounceConfirmedClosed0.55966Invalid 0.55901Confirm 0.55809Target 0.55688━ MA20 + Bollinger Bands ━ MA50 1 hour70503053.89━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal10/12 05:0010/12 11:0010/12 17:0010/12 23:0010/13 05:0010/13 11:00
BaseLowBounceConfirmedClosed0.55966Invalid0.55901Confirm0.55809Target0.55688━ MA20 ━ MA5070503053.89━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal12 10:0012 21:0013 08:00

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

Bear flag: Invalidated

Target0.55688
Confirmation0.55809
Invalid at0.55901
Move-0.19%

Timeframe1 hour
ConfirmedOct 13, 09:00
ClosedOct 13, 10:00
Duration2.0 h
Reward / risk1.33

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 12, 09:000.56189
Pole bottomOct 13, 00:000.55821
Bounce highOct 13, 06:000.55890
ConfirmationOct 13, 09:000.55809

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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