This Simple Trading Pattern Is All You Need
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Your stop loss advice is sh*t. It would have hit in the area you pointed out and would have left you out of your trade before the breakout.
The cleaner the flag pole is the more likely the pattern will work too. You want to see clean green or red candles driving prices into the consolidation. The reason being the market doesn't have any doubt about the direction vs a weaker flag pole with some red or green bars. Clean and clear momentum drives continuation patterns IMO