In this June 30 Update we can see the price breakout from FLAG pattern.
π The Flag: This pattern was spotted by me earlier, I have used 2 entries for this Flag, one on the support of FLAG other on the breakout from resistance. So entries was at 9020 and 9120:
ποΈ Speaking about targets: Depending on the way of your trading, and the trading style β you may choose different targets. For swing traders this possible good zone for entry in middle-term for one or two weeks. Scalpers can take profits at Flag Target Zone near 9300.
π Best place for Stop loss Well it sometimes hard to get good stop loss price. You know market sometimes make fast moves to wash your stops? So in this setup I am using SL at 8960. It located below lower entry and protect from sudden dump.
π Thanks for your attention, white your questions and reviews