In trading, a bearish pattern is a technical chart pattern that indicates a potential trend reversal from an uptrend to a downtrend. These patterns are characterized by a series of price movements that signal a bearish sentiment among traders.
๐Bear Flag
๐ธ A small rectangular pattern that slopes against the preceding trend
๐ธ Forms after a rapid price decline (flagpole)
๐ธ The pattern is completed when the price breaks below the lower trend line of the flag
๐Descending Triangle
๐ธ A bearish continuation pattern that forms with a horizontal support line and a descending trendline
๐ธ Forms as the price reaches lower highs, while the lows remain at the same level
๐ธ The pattern is completed when the price breaks below the horizontal support line
๐Rising Wedge
๐ธ A bearish reversal pattern that forms with a series of higher highs and higher lows
๐ธ The pattern forms as the price moves up in a narrowing range
๐ธ The pattern is completed when the price breaks below the lower trendline
๐Triple Top
๐ธ A bearish reversal pattern that forms with three peaks at the same price level
๐ธ The pattern forms as the price reaches resistance at the same level multiple times
๐ธ The pattern is completed when the price breaks below the support level, which connects the lows between the peaks
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๐Bear Flag
๐ธ A small rectangular pattern that slopes against the preceding trend
๐ธ Forms after a rapid price decline (flagpole)
๐ธ The pattern is completed when the price breaks below the lower trend line of the flag
๐Descending Triangle
๐ธ A bearish continuation pattern that forms with a horizontal support line and a descending trendline
๐ธ Forms as the price reaches lower highs, while the lows remain at the same level
๐ธ The pattern is completed when the price breaks below the horizontal support line
๐Rising Wedge
๐ธ A bearish reversal pattern that forms with a series of higher highs and higher lows
๐ธ The pattern forms as the price moves up in a narrowing range
๐ธ The pattern is completed when the price breaks below the lower trendline
๐Triple Top
๐ธ A bearish reversal pattern that forms with three peaks at the same price level
๐ธ The pattern forms as the price reaches resistance at the same level multiple times
๐ธ The pattern is completed when the price breaks below the support level, which connects the lows between the peaks
๐ค @QuantVue
๐ Daily Ideas about market update, psychology & indicators
โค๏ธ If you appreciate our work, please like, comment and follow โค๏ธ
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