Bullish Flag
1. Steeper pole
2. Rectangular shaped sideways movement can be considered as flag
3. Generally take less time to form [ 4 to 7 days]
4. Volume is expected to increase while giving breakout.
, , FLAG Pattern
, , FLAG Pattern
Recently Active Members
Bullish View
Bearish View
-
Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
-
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
-
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
-
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
-
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
Hi,
conditions not met…
Identifying the flag pattern is an easy job if you have the right trading conditions.
Now is the time to go through the flag chart pattern strategy step-by-step conditions for bullish flag pattern
A flag pattern forms when the price rallies sharply, then moves sideways. This sideways movement can be considered as flag and volume should be low during the side way movement meanwhile volume should be high when breaking out.
Trade Plan-
Your entry should be just above the breakouts of the consolidation
Set a stop loss just below the flag formation
Your target should be based on the height of the flag
Hi Naresh,
Sorry for the delay, thank you correcting me, will check and post other bullish flag soon.
regards
rohini.