Double top/bottom, inverted (cup pattern), flag pattern, triangle pattern.
Price patterns with its conditions
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Hi,
Mention which of the above price patterns you are facing trouble with ?
Flag pattern
Hi,
Your entry should be just above the breakouts of the consolidation
Set a stop loss just below the flag formation
Your target should be based on the height of the flag
Now I got the point thank you..
So before the flag formation itself we need to enter in it with the breakout itself is it?
There is one mistake in the picture, it is a single day pole. The pole formation should be more than a day. Remaining a correct.
I think this will help you.
Thanks for ur spot to explain me… Got the point now…