Bear flag pattern
A bear flag pattern is typically discernible on a candlestick chart. It is constructed from the flag pole, which indicates the rapid decline preceding the retracement, and the flag itself represents the actual retracement.
As a trend continuation pattern, the bear flag chart is considered a trend continuation pattern. The price pattern will first trend downward until a new support level is established.
It's heading down to $30000 then $20000 IF THE pattern succeeded .
All the best..
A bear flag pattern is typically discernible on a candlestick chart. It is constructed from the flag pole, which indicates the rapid decline preceding the retracement, and the flag itself represents the actual retracement.
As a trend continuation pattern, the bear flag chart is considered a trend continuation pattern. The price pattern will first trend downward until a new support level is established.
It's heading down to $30000 then $20000 IF THE pattern succeeded .
All the best..
Note
Please don't get triggered O.K ?
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x.com/Khalaf_stocks
Candlestick Mastery video FREE on YouTube:
youtube.com/watch?v=UqLV5ZEGSTU
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Follow my X profile for FREE proitable trading setups!
x.com/Khalaf_stocks
Candlestick Mastery video FREE on YouTube:
youtube.com/watch?v=UqLV5ZEGSTU
x.com/Khalaf_stocks
Candlestick Mastery video FREE on YouTube:
youtube.com/watch?v=UqLV5ZEGSTU
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.