you have to find the pattern at the end of the chart. Only then you could place an order. If you find it in the middle of the chart, it is the past scenario. I find this error in most of the charts posted by others too. If am wrong , i too need clarification. Regarding the target fixing, the profit/exit point will be;- entry point-stop loss point = exit /target point. (for bullish trend)
This is just a practice session to identify patterns and check whether they qualify their conditions accordingly. Hence we opt for the charts in the middle. Once we complete the 11- 25 day activity, we go for identifying the trend in future.
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