BOREARIS

Nasdaq 100 Bear flag 1 hour

Nasdaq 100 1 hourConfirmed Oct 23, 18:00 UTC+8
BaseLowBounceConfirmedClosedInvalid 29,150.829,020.1Confirm 28,968.2Target 1 28,875.5Target 28,782.8━ MA20 + Bollinger Bands ━ MA50 1 hour70503047.09━ RSI ━ 9MA0-30.53━ MACD ━ MACD Signal10/22 13:0010/22 20:0010/23 03:0010/23 11:0010/23 18:00
BaseLowBounceConfirmedClosedInvalid29,150.829,020.1Confirm28,968.2Target1 28,875.5Target28,782.8━ MA20 ━ MA5070503047.09━ RSI ━ 9MA-30.53━ MACD ━ MACD Signal22 21:0023 09:0023 19:00

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

Target28,782.8
First target28,875.5
Confirmation28,968.2
Invalid at29,150.8
Move+0.15%

Timeframe1 hour
ConfirmedOct 23, 18:00
ClosedOct 23, 21:00
Duration4.0 h
Reward / risk1.01

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, 22:0029,432.8
Pole bottomOct 23, 08:0028,870.9
Bounce highOct 23, 16:0029,128.6
ConfirmationOct 23, 18:0028,968.2

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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