How Do I Analyze Bear Flag Chart Pattern?

A Bear Flag pattern is a bearish continuation pattern - This is a market trading signal which shows the current forex trend is taking a pause before resuming the current downward direction of the forex pair.

If the Bear Flag downwards continuation pattern forms it trading signals which the market is taking a pause before resuming the current downwards trend. Bear Flag continuation pattern in a downwards trend is known as a falling flag which is interpreted that the forex price is consolidation but keeps moving lower & lower forming a pattern that resembles a falling flag. Traders should wait for a confirmation of this Bear Flag pattern before opening a trade based on this bearish continuation chart pattern. Once there is a forex price breakout to the down-side then the Bear Flag continuation pattern is confirmed & prices will then continue to move in direction of the current downwards forex market trend.

How Do You Interpret Bear Flag Chart Pattern?