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How do we know that a flag has formed fully and that a breakout is imminent, i.e how many candlesticks denote a typical flag?
Posted by - NA - on 02 April 2018 05:04 PM

The flags (consolidation patterns) we like are generally 3-4 bars (days) long.

Sometimes they can go for a bit longer but that’s a good ballpark.

We’re looking for easily recognisable, neat, and compact flags.


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