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Find the steeper pole, then rectangular flag pattern which reveals the consolidation ,next once again it should move steeper,with a high volume when t
he break out takes place ,this is the Entry, and the stop loss with the LB ,and the target will be double the LB. The flag may move for 4-7 days for
consolidation.
Entry price- prices crosses the neckline and starts to resume the upward trend
Exit price / stoploss-Bottom of the rectangle
Entry price-When the price crosses the rectangle area formed and starts moving upwards.
Exit price and stop loss: The price at the bottom of the rectangle.
Entry price – When the price crosses the neckline of the rectangular form and starts moving upwards.
Stop loss should be bottom of the rectangle and Exit price should be the same as stop loss on the upside.
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