A thread🧵 on High Tight Flag Chart Pattern📈 :-
The high tight flag chart pattern is very bullish and rare pattern.
Generally it is seen in good fundamentals stocks.
I will be telling u how to play and identify this pattern
The high tight flag chart pattern is very bullish and rare pattern.
Generally it is seen in good fundamentals stocks.
I will be telling u how to play and identify this pattern
📌What is High Tight Flag Pattern:-
⚡️It is a version of the standard bull flag that requires a much stronger trend and a tighter price base for the flag
⚡️ It is a continuation pattern of the previous uptrend before the flag.
⚡️It is a version of the standard bull flag that requires a much stronger trend and a tighter price base for the flag
⚡️ It is a continuation pattern of the previous uptrend before the flag.
📌How to identify High Tight Flag Pattern
⚡️Initial price move of least 90% or more within 4-8 weeks / 60 days / 2 months
⚡️The retracement base should not be more than
10% - 25%
⚡️volume should be dried up during base formation/retracement .
Entry ,Stop loss , Targets👇
⚡️Initial price move of least 90% or more within 4-8 weeks / 60 days / 2 months
⚡️The retracement base should not be more than
10% - 25%
⚡️volume should be dried up during base formation/retracement .
Entry ,Stop loss , Targets👇
Credits - @LeifSoreide @TraderLion_
fresh example of HTF
https://twitter.com/Kundansrcc/status/1454803171881021445?s=20
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