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Can it be a flag pattern ? Consecutive close above the channel can confirm that. I will watch it since positional trading in not fit to my fund/risk management.
Flag Pole is of ~650 points and price already broke out 100 points. Ideal entry would have been breakout of the channel with SL one can risk. The pattern will fail if the prices are back within the channel which will invalidate the pattern. I am a beginner, I posted this one just for learning purpose and observation.
