BOREARIS

USD/CAD Bear flag 1 hour

USD/CAD 1 hourConfirmed Oct 15, 17:00 UTC+8
BaseLowBounceConfirmedClosedInvalid 1.42232Confirm 1.420081.41898Target 1 1.41837Target 1.41665━ MA20 + Bollinger Bands ━ MA50 1 hour70503042.49━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal10/14 13:0010/14 20:0010/15 03:0010/15 10:0010/15 17:0010/16 00:00
BaseLowBounceConfirmedClosedInvalid1.42232Confirm1.420081.41898Target1 1.41837Target1.41665━ MA20 ━ MA5070503042.49━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal14 21:0015 09:0015 21:00

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

Bear flag: First target, then break-even

Target1.41665
First target1.41837
Confirmation1.42008
Invalid at1.42232
Move+0.05%

Timeframe1 hour
ConfirmedOct 15, 17:00
ClosedOct 15, 23:00
Duration7.0 h
Reward / risk1.53

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 14, 22:001.42999
Pole bottomOct 15, 11:001.41960
Bounce highOct 15, 14:001.42205
ConfirmationOct 15, 17:001.42008

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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