BOREARIS

Nasdaq 100 Bear flag 1 hour

Nasdaq 100 1 hourConfirmed Oct 29, 16:00 UTC+8
BaseLowBounceConfirmedInvalid 29,659.929,521.9Confirm 29,456.3Target 1 29,342.6Target 29,228.9━ MA20 + Bollinger Bands ━ MA50 1 hour70503040.76━ RSI ━ 9MA0-69.12━ MACD ━ MACD Signal10/28 20:0010/29 00:0010/29 04:0010/29 09:0010/29 13:0010/29 17:00
BaseLowBounceConfirmedInvalid29,659.929,521.9Confirm29,456.3Target1 29,342.6Target29,228.9━ MA20 ━ MA5070503040.76━ RSI ━ 9MA0-69.12━ MACD ━ MACD Signal28 23:0029 07:0029 14:00

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

Bear flag: Active

Target29,228.9
First target29,342.6
Confirmation29,456.3
Invalid at29,659.9

Last 29,517.8, 0% of the way to target (target is 0.77% from confirmation).


Timeframe1 hour
ConfirmedOct 29, 16:00
Duration1.1 h
Reward / risk1.12

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 29, 04:0030,042.4
Pole bottomOct 29, 10:0029,353.2
Bounce highOct 29, 13:0029,634.5
ConfirmationOct 29, 16:0029,456.3

Recently closed Bear flag patterns: 23 in total, 14 reached the target first (61%), 9 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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