BOREARIS

Dow Jones 30 Bear flag 1 hour

Dow Jones 30 1 hourConfirmed Nov 07, 05:00 UTC+8

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

Bear flag: Active

Target50,591.2
First target50,961.6
Confirmation51,332.0
Invalid at51,727.0

Last 51,301.0, 4% of the way to target (target is 1.44% from confirmation).


Timeframe1 hour
ConfirmedNov 07, 05:00
Duration0.6 h
Reward / risk1.88

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 baseNov 05, 23:0053,064.0
Pole bottomNov 06, 15:0050,819.0
Bounce highNov 06, 23:0051,682.0
ConfirmationNov 07, 05:0051,332.0

Recently closed Bear flag patterns: 23 in total, 8 reached the target first (35%), 15 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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