BOREARIS

USD/CAD Bear flag 1 hour

USD/CAD 1 hourConfirmed Oct 27, 19:00 UTC+8
BaseLowBounceConfirmedClosed1.40393Invalid 1.40301Confirm 1.40143Target 1 1.40058Target 1.39973━ MA20 + Bollinger Bands ━ MA50 1 hour70503067.38━ RSI ━ 9MA00.00━ MACD ━ MACD Signal10/26 12:0010/26 19:0010/27 02:0010/27 09:0010/27 16:0010/27 23:00
BaseLowBounceConfirmedClosed1.40393Invalid1.40301Confirm1.40143Target1 1.40058Target1.39973━ MA20 ━ MA5070503067.38━ RSI ━ 9MA0.00━ MACD ━ MACD Signal26 21:0027 08:0027 19:00

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

Bear flag: Invalidated

Target1.39973
First target1.40058
Confirmation1.40143
Invalid at1.40301
Move-0.12%

Timeframe1 hour
ConfirmedOct 27, 19:00
ClosedOct 27, 21:00
Duration3.0 h
Reward / risk1.08

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 26, 22:001.40555
Pole bottomOct 27, 06:001.40041
Bounce highOct 27, 16:001.40280
ConfirmationOct 27, 19:001.40143

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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