Stocks with Bear Flag Pattern
↓ BearishThe Bear Flag pattern forms after a sharp price decline (the flagpole) followed by a brief period of upward or sideways consolidation (the flag). It signals that the downtrend is likely to continue after the consolidation phase.
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Frequently Asked Questions
How do you trade a Bear Flag?
Traders typically enter a short position when the price breaks below the flag's support with increased volume. The price target is often calculated by subtracting the flagpole's length from the breakdown point.