Bear Flag Pattern Video: How to Trade It

Research Performed With TrendSpider

This video unveils research into bear flag patterns.

A bear flag is a stock chart pattern used in technical analysis to indicate a potential continuation of a downtrend. This pattern looks like an inverted flag atop a pole, where the pole represents the initial price drop, and the flag signifies a period of consolidation before another decline.

Traders often make significant mistakes when using this pattern, so caution is advised when trading bearish flags.

Research indicates that the bear flag pattern has a low success rate of 45% and a price change of +9%. Essentially, trading this pattern is akin to flipping a coin, as the odds are not in your favor.

Did you know TrendSpider can automatically detect chart patterns for you?

Read the full article here: New Data Shows Traders Should Avoid Bear Flag Patterns!

My favorite trading tools are TrendSpider and TradingView. This research was performed with TrendSpider, but TradingView is also excellent.