JR | Bullish Dragon Triangle Pattern - Double Claws BreakoutPrice action and chart pattern trading setup
> Bullish dragon pattern symmetrical triangle
> double claws bottom strong bullish candle breakout above SMA 20 and SMA 50
> short term target at dragon tailhook resistance of the triangle 0.5 retracement and dragon hump 0.618
> medium term target at dragon head 1.0
> long term target at tail extended zone 1.618
> stop loss at the double claws zone
> risk reward ratio 2:1 for short term, 3:1 for medium term trade
Indicator:
> bullish RSI crossed above MA line over 60
> MACD golden crossed signal line just below the baseline - early trend
Always trade with affordable risk and respect your stoploss
JR trade ideas
JR | Falling Wedge Breakout | Entry Setup TF4HPrice Action and Chart Pattern Trading
> Possible bullish wedge reversal breakout in timeframe 4H
> Entry @ Breakout trendline and stop zone accumulation
> Target @ Volume Profile POC level Fibonacci zone 0.786 - 1.0
> Risk ratio 2.5: 1
Indicator:
> Smart Money and banker chip significant volume support
> Fund Flow bullish divergence
> KDJ uptrend reversal pattern
> BBD golden crossing baseline
Always respect your stop-loss
