Pattern Trading pattern description

BEARISH_CHANNEL-pattern

Bearish Channel

A bearish channel is a technical chart pattern formed by two parallel downward-sloping trendlines, one connecting the swing highs (price peaks) and the other connecting the swing lows (price dips). It visually depicts a downward trend with some volatility, where the price generally stays within the defined boundaries. The channel suggests that selling pressure might dominate, indicating a possible downward trend.

Bearish Channel, more examples

Charts powered by TradingView


Market data may be delayed by 15 minutes or more and is provided by financial exchanges or third-party providers. AfterPullback does not verify or guarantee its accuracy and assumes no responsibility to do so. This website is not operated by a licensed attorney, accountant, or financial advisor. Nothing on this site constitutes financial advice or replaces consultation with a qualified professional who understands your specific circumstances. Always consult a licensed financial advisor before making investment decisions.