What are the most popular bearish chart patterns?

There are dozens of popular bearish chart patterns. Here is list of the classic ones: The script "Balance of Force" is an indicator that aims to provide insight into the bullish and bearish forces present in the market by analyzing the relationship between bullish and bearish true ranges.

What is a bearish pattern in trading?

In trading, a bearish pattern is a technical chart pattern that indicates a potential trend reversal from an uptrend to a downtrend.

What is a bearish engulfing pattern?

The bearish engulfing pattern is a two-candlestick formation after a significant price move to the upside. The pattern only holds when the second candlestick is a large bearish candle that engulfs the previous bullish candle. The pattern affirms renewed selling pressure with bears overpowering bears and succeeding in pushing the price lower.

What is a bearish flag pattern?

The bearish flag pattern is the most widely used chart pattern in forex and stocks trading. As the name suggests it forecast a downtrend in price. Due to the characteristic of trend continuation, this chart pattern has a high probability of winning if traded with a perfect strategy. How to identify a bearish flag pattern?