BOREARIS

Dow Jones 30 Bear flag 1 hour

Dow Jones 30 1 hourConfirmed Oct 30, 10:00 UTC+8
BaseLowBounceConfirmedInvalid 52,478.552,278.0Confirm 52,258.0Target 1 52,123.2Target 51,988.4━ MA20 + Bollinger Bands ━ MA50 1 hour70503037.53━ RSI ━ 9MA0-101.78━ MACD ━ MACD Signal10/29 10:0010/29 15:0010/29 20:0010/30 01:0010/30 07:00
BaseLowBounceConfirmedInvalid52,478.552,278.0Confirm52,258.0Target1 52,123.2Target51,988.4━ MA20 ━ MA5070503037.53━ RSI ━ 9MA0-101.78━ MACD ━ MACD Signal29 14:0029 22:0030 07:00

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

Bear flag: Active

Target51,988.4
First target52,123.2
Confirmation52,258.0
Invalid at52,478.5

Last 52,275.0, 0% of the way to target (target is 0.52% from confirmation).


Timeframe1 hour
ConfirmedOct 30, 10:00
Duration1.6 h
Reward / risk1.22

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 29, 18:0053,000.0
Pole bottomOct 30, 02:0052,183.0
Bounce highOct 30, 08:0052,451.0
ConfirmationOct 30, 10:0052,258.0

Recently closed Bear flag patterns: 24 in total, 15 reached the target first (62%), 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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