What does a bear flag signify?Ī bear flag signifies a pause in price movement after a rapid price decline. When the downtrend resumes, the next price drop could be rapid, making the timing of a trade advantageous by noticing the bear flag pattern. This is why the bear flag pattern is used to identify the possible continuation of a bearish market. A breakout to the upside invalidates the pattern.īeing a bearish continuation pattern, the price is likely to continue the preceding downtrend.
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