BOREARIS

Nasdaq 100 Bear flag 1 hour

Nasdaq 100 1 hourConfirmed Oct 22, 23:00 UTC+8
BaseLowBounceConfirmedClosedInvalid 29,432.9Confirm 29,151.9Target 1 29,037.628,939.8Target 28,923.3━ MA20 + Bollinger Bands ━ MA50 1 hour70503029.75━ RSI ━ 9MA0-176.60━ MACD ━ MACD Signal10/21 15:0010/21 22:0010/22 06:0010/22 13:0010/22 20:0010/23 03:00
BaseLowBounceConfirmedClosedInvalid29,432.9Confirm29,151.9Target1 29,037.628,939.8Target28,923.3━ MA20 ━ MA5070503029.75━ RSI ━ 9MA0-176.60━ MACD ━ MACD Signal22 00:0022 13:0023 00:00

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

Bear flag: Target hit

Target28,923.3
First target29,037.6
Confirmation29,151.9
Invalid at29,432.9
Move+0.58%

Timeframe1 hour
ConfirmedOct 22, 23:00
ClosedOct 23, 02:00
Duration4.0 h
Reward / risk0.81

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 22, 01:0029,954.1
Pole bottomOct 22, 17:0029,261.5
Bounce highOct 22, 21:0029,413.4
ConfirmationOct 22, 23:0029,151.9

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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