Price action and chart pattern trading medium term setup
> Bullish Dragon Harmonic Pattern - ridge breakout pullback entry
> 1st Target Hump zone 0.5 - 0.618 and the final target at extended tail swing zone 1.0 and above
> Stop zone at dragon claws zone - doubled bottom
> Risk ratio 3:1 for medium term trading
Indicator:
> Bullish divergence RSI and MACD golden cross
Always trade with affordable risk and respect your stoploss
> Bullish Dragon Harmonic Pattern - ridge breakout pullback entry
> 1st Target Hump zone 0.5 - 0.618 and the final target at extended tail swing zone 1.0 and above
> Stop zone at dragon claws zone - doubled bottom
> Risk ratio 3:1 for medium term trading
Indicator:
> Bullish divergence RSI and MACD golden cross
Always trade with affordable risk and respect your stoploss
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.