Bear Flag Chart Patterns

Market Terms

We don't know everything about the markets.  We're just devoted to learners.  Taken from those smarter than ourselves, here's how we define Bear Flag Chart Patterns.

A technical pattern that acts as an extension of an established downward trend.  It’s identifiable from a strong move down followed by a consolidation in an upward direction.  The strong downward trend is referred to as the “flagpole” while the consolidation is referred to as the “flag” itself.