Long
Cairn - Breakout Flag Pattern (Buy Setup)
It is been observed that the price action ranging in a channel or a flag consolidation where it breaks out on an hourly chart, indicating further bullishness. It shall provide a high potential returns once it closes above 225 levels. (refer to the educational series to estimate targets)
Target 1: 232
Target 2: 240
Stoploss: 220
Target 1: 232
Target 2: 240
Stoploss: 220
Trade closed: target reached
Target Reached Successfully. Regards
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.