ASHOKLEYL: Flag pole breakout possiblity , ready to buy
Updated
Dear traders,
if monday candle gives a brekout then play for a buy move.
>previous day candle's low is stop loss.
>Next resistance is TP.
>IF RESISTANCE ZONE is also breached then use trailing stop loss.
FLAG POLE PATTERN
if monday candle gives a brekout then play for a buy move.
>previous day candle's low is stop loss.
>Next resistance is TP.
>IF RESISTANCE ZONE is also breached then use trailing stop loss.
FLAG POLE PATTERN
Note
check the RSI and RSwe can notice the breakout of rsi and relative strengh with high volume.
By these aspect the probability of price breakout is gone more high.
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