Here are few points i am looking for this trade
1.Price in a overall uptrend (bigger time frame )
2.After a down wave ,Price start gain new momentum to the upside break though major resistant
3.Flag pattern is formed and consolidtae show us weakness (sitting on support and above 0.382FIb)
4.Strong bull bar break out into new high as required !!
5.Target 2times /3times Flag pole length or trend following
1.Price in a overall uptrend (bigger time frame )
2.After a down wave ,Price start gain new momentum to the upside break though major resistant
3.Flag pattern is formed and consolidtae show us weakness (sitting on support and above 0.382FIb)
4.Strong bull bar break out into new high as required !!
5.Target 2times /3times Flag pole length or trend following