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Tagged: FLAG pattern
Entry Point (EP) : starting peak of the triangle base (if bullish) or lowest point of the triangle base (if bearish)
Stop Loss (SL) : starting peak of the triangle base (if bearish) or lowest point of the triangle base (if bullish)
Exit Point : For bullish = [EP + (EP-SL)] & for bearish = [EP – (EP+SL)]
clearly the breakout point from the rectangle area is the entry price.(long position to created)
stop loss is the end of the steeper pole.
exit price is 1:1 of the stop loss.
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Entry : when the price croses the breakout point.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Stop loss : when the price falls below the bottom of the flag .</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Exit : Target price.</p>
Entry point- after choosing the range point of the flag , Exit point- at the steep pole.Stop loss-at break out point
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Entry Point (EP) : starting peak of the triangle base (if bullish) or lowest point of the triangle base (if bearish)</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Stop Loss (SL) : starting peak of the triangle base (if bearish) or lowest point of the triangle base (if bullish)</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Exit Point : For bullish = [EP + (EP-SL)] & for bearish = [EP – (EP+SL)]</p>
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