Out of Interest here is a Simple bear flag pole measure move from currant flag To the landing pad It is eyeing off yes everything looks like a bear flag until it's not
The pattern you have drawn is a bear pennant. Google it to check it out for yourself :)
Crypt0r
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@dalvinchi, I.E Bear flag watching.... for smaller time frames
Crypt0r
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@dalvinchi, bearish flag *watch* the have been running all the way down from 8400
Crypt0r
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@dalvinchi, the pennant will turn into a as flag pennants are typically smaller in size (volatility) and duration. hence it looks like one now after *Watching it form we will see a bear Flag.. chartpatterns.com/flagsandpennants.htm