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Hi mam
The area gap is formed between 2 consecutive candle sticks in the non trending area and should be covered in the near term. Can you please recheck this analysis.
Hi mam
The area gap should be formed in the non trending region and should be filled in the near term. I doubt that the gap here is not filled for a month. Can u please check this again..
Hi
The flag pattern is usually formed within a short period(10 to 15 days). The sideways movement should not have many ups and downs. I think that in this analysis the sideways movement is slightly upward.
Intraday position should be closed on same day since the market sentiments and trend may change the next day. If a short position is created in intraday and if it is not closed then the trader is subjected for a penalty.
Positional analytical methods does not follow the current market trend and sentiments.
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