📉 Bearish Flag: A Bearish Continuation Signal 🚩
The Bearish Flag is a classic chart pattern that signals a continuation of the existing downward trend.
🔍 Key Features:
✔️ Identified by a sharp price decline followed by a consolidation phase forming a channel.
✔️ Breakdown below the channel signals further bearish momentum.
💡 How to Trade It:
1️⃣ Identify the flagpole (sharp decline).
2️⃣ Spot the consolidation (flag formation).
3️⃣ Enter a short position after the breakdown confirmation.
📊 Mastering patterns like the Bearish Flag can give you an edge in trading!
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