BOREARIS

USD/CAD Bear flag 1 hour

USD/CAD 1 hourConfirmed Oct 14, 09:00 UTC+8
BaseLowBounceConfirmedClosed1.42813Invalid 1.42229Confirm 1.42069Target 1.41806━ MA20 + Bollinger Bands ━ MA50 1 hour70503071.37━ RSI ━ 9MA00.00━ MACD ━ MACD Signal10/12 20:0010/13 06:0010/13 16:0010/14 02:0010/14 12:0010/14 22:00
BaseLowBounceConfirmedClosed1.42813Invalid1.42229Confirm1.42069Target1.41806━ MA20 ━ MA5070503071.37━ RSI ━ 9MA00.00━ MACD ━ MACD Signal13 09:0014 00:0014 15:00

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

Bear flag: Invalidated

Target1.41806
Confirmation1.42069
Invalid at1.42229
Move-0.12%

Timeframe1 hour
ConfirmedOct 14, 09:00
ClosedOct 14, 19:00
Duration11.0 h
Reward / risk1.65

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 13, 08:001.42827
Pole bottomOct 13, 23:001.42029
Bounce highOct 14, 07:001.42210
ConfirmationOct 14, 09:001.42069

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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