Flag and Pole Pattern. Breakout with good number of Volumes.
Study Tips: How to Calculate Potential Target for this Pattern type breakouts? 1)Measure the Pole Length of the Flag --> Length AB = Point A - Point B. 2)Place the Pole length above Flag breakout Point --> Length CD. Where Length AB = Length CD. 3)Point C will be our Potential Target Point. **Above all Points A, B, C & D will be approx. values near it zones.
Lets see how things unfold. Study it!! Happy Learning!!