10 Questions
Question 1
Multiple Choice
What must happen for a pattern to be a bear flag
Question 2
Multiple Choice
Invalidation of a bearish flag
Question 3
Multiple Choice
Flag consolidation
Question 4
Multiple Choice
Bearish flag breakout
Question 5
Multiple Choice
What is a Bearish flag
Question 6
Multiple Choice
What is the volume behavior during a bear flag
Question 7
Multiple Choice
Target price estimation
Question 8
Multiple Choice
What is the Flagpole
Question 9
Multiple Choice
What does a bear flag indicate in the market
Question 10
Multiple Choice
How long does a bear flag usually last
Bearish flag
Flashcards generated with inquiziti.com. Cut along the dashed lines. Fold in half on the solid line.
What must happen for a pattern to be a bear flag
Must be preceded by a strong downward move
Invalidation of a bearish flag
The price breaks above the upper trendline of the flag
Flag consolidation
A period of price movement characterized by a slight upward slope or horizontal range
Bearish flag breakout
Occurs when the price closes below the lower trendline of the flag
What is a Bearish flag
A continuation pattern that indicates a temporary pause in a downward trend
What is the volume behavior during a bear flag
Volume typically decreases as the flag pattern forms
Target price estimation
Subtracting the flagpole length from the breakout point
What is the Flagpole
The initial sharp vertical price decline that precedes the flag formation
What does a bear flag indicate in the market
Reflects a brief period of profit-taking before further selling
How long does a bear flag usually last
Typically forms over a short period, often days or a few weeks