Dogecoin / TetherUS
Education

The DOGEUSDT Bullish Flag Anomaly

The trade where The "Theoretical Target" is already hit as it is below our buying point.

Step 0: Find the Flag Pattern.
Step 1: Wait for the Breakout.
Step 2: Place the Buy Order.

Step 3.1: Find the Flag's Lower Trend line's lowest point.
Step 3.2: Place Stop Loss.

Step 4.1: Find the Length of the Flag Pole.
Step 4.2: Find the Flag's Lower Trend line's endpoint.

Step 4.3: Place Your Target.

The above-discussed DOGEUSDT trade is definitely having a huge stop loss which is raising your eyebrows. But, Now, as weird as it sounds, as per theory, the trade is also invalid.

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