BOREARIS

Silver (XAG/USD) Bear flag 15 min

Silver (XAG/USD) 15 minConfirmed Oct 23, 20:30 UTC+8
BaseLowBounceConfirmedClosedInvalid 54.15453.991Confirm 53.829Target 1 53.693Target 53.556━ MA20 + Bollinger Bands ━ MA50 15 min70503052.78━ RSI ━ 9MA0-0.02━ MACD ━ MACD Signal10/23 10:0010/23 12:3010/23 15:0010/23 17:3010/23 20:0010/23 22:30
BaseLowBounceConfirmedClosedInvalid54.15453.991Confirm53.829Target1 53.693Target53.556━ MA20 ━ MA5070503052.78━ RSI ━ 9MA0-0.02━ MACD ━ MACD Signal23 13:4523 17:3023 21:15

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

Bear flag: Target hit

Target53.556
First target53.693
Confirmation53.829
Invalid at54.154
Move+0.45%

Timeframe15 min
ConfirmedOct 23, 20:30
ClosedOct 23, 22:15
Duration2.0 h
Reward / risk0.84

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 23, 13:3054.568
Pole bottomOct 23, 16:0053.742
Bounce highOct 23, 19:0054.118
ConfirmationOct 23, 20:3053.829

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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