Consolidation under R- Flag formation & range - 15m Chart
In the scenario of breakdown, the range and invalidation of the flag formation is setting up stop loss under the resistance
Backtest of resistance in 15m chart. My entry-level - is 0.2269
If it lost the range stop loss will be accepted
Profit had already been taking at 0.2138
In the case of flag formation successes, the first 0.23 value - 0.25 (weekly level) as max.
Consolidation Under resistance in the short time frame has been observed.
Backtest of resistance in 15m chart. My entry-level - is 0.2269
If it lost the range stop loss will be accepted
Profit had already been taking at 0.2138
In the case of flag formation successes, the first 0.23 value - 0.25 (weekly level) as max.
Consolidation Under resistance in the short time frame has been observed.
Trade closed: target reached:
0.2330