BOREARIS

USD/CHF Bear flag 4 hour

USD/CHF 4 hourConfirmed Oct 20, 13:00 UTC+8
BaseLowBounceConfirmedClosedInvalid 0.827430.82493Confirm 0.82460Target 1 0.82167Target 0.81874━ MA20 + Bollinger Bands ━ MA50 4 hour70503052.66━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal10/13 01:0010/14 21:0010/16 17:0010/20 13:0010/22 09:00
BaseLowBounceConfirmedClosedInvalid0.827430.82493Confirm0.82460Target1 0.82167Target0.81874━ MA20 ━ MA5070503052.66━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal15 05:0020 01:0022 17:00

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

Target0.81874
First target0.82167
Confirmation0.82460
Invalid at0.82743
Move+0.16%

Timeframe4 hour
ConfirmedOct 20, 13:00
ClosedOct 23, 17:00
Duration80.0 h
Reward / risk2.07

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, 21:000.83945
Pole bottomOct 16, 21:000.82169
Bounce highOct 19, 21:000.82698
ConfirmationOct 20, 13:000.82460

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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