BOREARIS

Dow Jones 30 Bear pennant 15 min

Dow Jones 30 15 minConfirmed Oct 30, 00:15 UTC+8
BaseLowBounceConfirmedInvalid 52,480.6Confirm 52,361.052,338.0Target 1 52,235.8Target 52,110.5━ MA20 + Bollinger Bands ━ MA50 15 min70503039.68━ RSI ━ 9MA0-62.73━ MACD ━ MACD Signal10/29 15:4510/29 17:3010/29 19:1510/29 21:0010/29 22:4510/30 00:30
BaseLowBounceConfirmedInvalid52,480.6Confirm52,361.052,338.0Target1 52,235.8Target52,110.5━ MA20 ━ MA5070503039.68━ RSI ━ 9MA0-62.73━ MACD ━ MACD Signal29 18:1529 21:0029 23:45

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

Bear pennant: Active

Target52,110.5
First target52,235.8
Confirmation52,361.0
Invalid at52,480.6

Last 52,361.0, 0% of the way to target (target is 0.48% from confirmation).


Timeframe15 min
ConfirmedOct 30, 00:15
Duration0.8 h
Reward / risk2.09

What this tells you

A sharp drop followed by a small converging triangle; a downside break usually continues the decline.

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, 18:3053,000.0
Pole bottomOct 29, 21:3052,241.0
Bounce highOct 29, 22:0052,463.0
ConfirmationOct 30, 00:1552,361.0

Recently closed Bear pennant patterns: 7 in total, 5 reached the target first (71%), 2 were invalidated and 0 expired (small sample). 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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