#EDUCATION LAB Bearish Flag Pattern A Bearish Flag is a cha | Crypto Bull Crypto Experts

#EDUCATION LAB

Bearish Flag Pattern

A Bearish Flag is a chart pattern that is often seen as a bearish reversal pattern in technical analysis of financial markets.

It is characterized by a downward sloping channel with lower highs and lower lows that is formed after a downward price move, or a downward trend.

The pattern is named a flag because it resembles a flag on a pole, with the downward trend acting as the pole and the channel representing the flag. Traders look to sell or short the security when the price breaks below the lower trendline of the flag pattern, expecting the downward trend to continue.
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