Trade 1 = RR: 1:1.5
Trade 2 = RR:1:2.5
Trade after the breakout. Take two trades. Close half position at flag top and the second target channel top.
The flag can breakout in either direction but Since this is a bullish flag probability is high on Upside.
Trade 2 = RR:1:2.5
Trade after the breakout. Take two trades. Close half position at flag top and the second target channel top.
The flag can breakout in either direction but Since this is a bullish flag probability is high on Upside.
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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.