Bearish Flag Pattern #technicalanalysis #tradingtools #tradingstrategy #tradingsecrets #candlestick

A bearish flag pattern is a technical analysis chart formation that signals a potential continuation of a downtrend. It typically forms after a strong price decline, followed by a period of consolidation or slight upward movement, which appears as a small upward-sloping rectangle or channel. The pattern resembles a flag on a pole, where the pole is the initial sharp decline and the flag is the consolidation phase. The pattern is considered bearish because it often precedes another downward move once the price breaks below the lower boundary of the flag. Traders use this pattern to identify potential short-selling opportunities

#technicalanalysis #tradingtools #tradingstrategy #tradingsecrets #trading #technicalanalysis #supervenetrader