Orchid
Long

Dragon is going to fly on OXTUSD?!

By HakoneDream
Updated
Good morning/afternoon/evening traders, OXT fans,

Potential trading opportunity. Please see the chart.

HakoneDream
Comment
snapshot
Comment
snapshot

Dragon has attacked COMPUSD. Will this one succeed?
Comment
This dragon is sluggish lol.

Hump has been completed. Will the head play out?
Comment
The head has been touched. So the Dragon pattern has formally played out.

Now, a HL bottom looks pretty nice. Next target could be the neckline.

Please check the setup from Hazel-Ra-Owsla. No need to repeat here.
Comment
Neckline touched!

Next target 0.27 for the double bottom pattern.

BUT be careful. This asset tends to jump and dump.

Taking profit earlier on this might be wiser.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer