Jump to: Pattern Result
Date and Arrival Time: 2021-04-12 09:45
Symbol Name: ICICIPRULI
Pattern and Direction: Bearish Flag Break
Pattern Completion Price: 431.30 , Pattern Ideal Completion Price: 440.65
A Bullish Pennant Break has arrived at 09:45.
This is a pattern with a formation span of 21 days from 2021-03-09 13:15.
There is a potential Sell opportunity at 431.30. A safe stop-loss for this Bullish Pennant Break can be kept at 461.00 as per the pattern invalidation level depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 12th April – Invalidation
Take a look at the results of this Flag below. After the price goes and maintains a level beyond the pattern invalidation level, the potential trade would be considered lossy and exited.
