while a bearish flag slopes up following a drop. Rectangle patterns tend to be both reversal and continuation patterns. This classic setup begins with price moving sideways between parallel ...

A descending triangle is a high-probability setup if the breakdown occurs on high volume, and is more reliable than a symmetrical triangle pattern. 3. Bear Flag A bearish flag pattern occurs when ...

However, the flag did not form close to the lows of the recent decline and therefore will be considered more as a consolidation pattern rather than a bear flag. A breakdown from the pattern ...

Gold failed to sustain a breakout of a bull flag pattern that triggered ... Two weeks ago, gold completed a potentially bearish shooting star candlestick pattern that triggered the following ...