• A steeper pole is seen. 
  • Rectangular shaped sideways movement is formed after the steeper pole. Thus a FLAG is formed.
  • Positive pole flag gave a positive breakout.
  • Volume is also increased during the breakout time.
  • Long position can be considered after positive breakout zone.
2 Comments
  1. MOHAN KUMAR R 5 years ago

    Hi Kavitha, the duration of rectangular movement in flag pattern should not be more than 7 days. Please considered that from your next posts.

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?