BOREARIS

Silver (XAG/USD) Bear flag 1 hour

Silver (XAG/USD) 1 hourConfirmed Oct 23, 16:00 UTC+8
BaseLowBounceConfirmedClosedInvalid 54.65653.996Confirm 53.790Target 1 53.347Target 52.905━ MA20 + Bollinger Bands ━ MA50 1 hour70503038.92━ RSI ━ 9MA0-0.32━ MACD ━ MACD Signal10/22 08:0010/22 16:0010/23 00:0010/23 09:0010/23 17:0010/24 01:00
BaseLowBounceConfirmedClosedInvalid54.65653.996Confirm53.790Target1 53.347Target52.905━ MA20 ━ MA5070503038.92━ RSI ━ 9MA-0.32━ MACD ━ MACD Signal22 18:0023 08:0023 20:00

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

Target52.905
First target53.347
Confirmation53.790
Invalid at54.656
Move+0.20%

Timeframe1 hour
ConfirmedOct 23, 16:00
ClosedOct 23, 23:00
Duration8.0 h
Reward / risk1.02

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, 18:0056.136
Pole bottomOct 23, 10:0053.454
Bounce highOct 23, 13:0054.568
ConfirmationOct 23, 16:0053.790

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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