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.
ðBear Flag ðļ A small rectangular pattern that slopes against the preceding trend ðļ Forms after a rapid price decline (flagpole) ðļ The pattern is completed when the price breaks below the lower trend line of the flag
ðDescending Triangle ðļ A bearish continuation pattern that forms with a horizontal support line and a descending trendline ðļ Forms as the price reaches lower highs, while the lows remain at the same level ðļ The pattern is completed when the price breaks below the horizontal support line
ðRising Wedge ðļ A bearish reversal pattern that forms with a series of higher highs and higher lows ðļ The pattern forms as the price moves up in a narrowing range ðļ The pattern is completed when the price breaks below the lower trendline
ðTriple Top ðļ A bearish reversal pattern that forms with three peaks at the same price level ðļ The pattern forms as the price reaches resistance at the same level multiple times ðļ The pattern is completed when the price breaks below the support level, which connects the lows between the peaks
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