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Tagged: FLAG pattern
What Should be Entry price, Exit Price and Stop loss for Flag Pattern
Entry price should be just after the breakout
Exit price should be just after the price movement has reversed its direction
Stop loss should be at the point where the breakout gap is filled
Entry is when it breakout the previous HT.
Stoploss may the lower point of the steeper pole and target may be 1.5 times of ‘ entry – stoploss’ value
Entry price should be just after the break out
Exit price should be just after the price movement has reversed the direction
Stop loss at the point where the breakout gap is filled
The entry / exit / stop loss for the Flag Pattern are marked-up on the attached image.
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