Dow Jones 30 Bear pennant 1 hour
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Bear pennant: Invalidated
What this tells you
A sharp drop followed by a small converging triangle; a downside break usually continues the decline.
← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns
Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Pole base | Oct 23, 07:00 | 52,987.0 |
| Pole bottom | Oct 23, 22:00 | 52,077.0 |
| Bounce high | Oct 23, 23:00 | 52,474.0 |
| Confirmation | Oct 24, 04:00 | 52,242.0 |
Recently closed Bear pennant patterns: 12 in total, 9 reached the target first (75%), 3 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.
Live levels and price alerts in the app
The Borearis app has live levels for every market, price alerts, daily picks and AI analysis.
