A bearish flag pattern is a technical analysis chart pattern that typically occurs after a significant downward price movement (flagpole). It is characterized by a rectangular-shaped consolidation, sloping against the prevailing downtrend. The pattern resembles a flag on a pole, hence the name.

In a bearish flag pattern:

1. Flagpole: There is a sharp price decline (flagpole) preceding the consolidation.

2. Flag: The consolidation phase is marked by parallel trendlines, usually slanting against the previous downtrend.

3. Breakdown: The pattern often concludes with a downward breakout, signaling a potential continuation of the prior bearish trend.