What Happens in Oil Trading after a Bear Flag Crude Oil Trading Chart Pattern in Oil?

This bear flag oil pattern is found in a Oil downward crude oil trend.

The bear flag oil chart pattern is a oil trend continuation pattern where the crude crude oil trading price retraces slightly with a narrow crude oil price action that has a slight upward tilt.

The technical sell point is when the crude crude oil trading price penetrates the lower line of the inverted bear flag oil chart pattern.

The flag portion of this oil pattern has highs & lows which can be connected by small lines which are parallel, giving it what looks like a small channel.

What Happens in Oil Trading after a Bear Flag Oil Trading Chart Pattern in Oil?

The bear flag oil pattern above was just a resting period for the oil market prior to more selling. continuation oil signal was confirmed as lower line of this pattern was broken to the downside.