Long
Dragon Pattern
Potential Dragon Pattern for TSX:ALEF.
Anatomy of a Dragon Pattern
A - Head of the Dragon
B - Formation of the first leg
C - Hump (must be 0.38 to 0.5 of AB)
D - Second leg (can be 0.618 to 1.27 of AB)
Looks like this criterion is met. I have written the potential targets for this.
Dynamic Gann Box helps with this setup as well.
Anatomy of a Dragon Pattern
A - Head of the Dragon
B - Formation of the first leg
C - Hump (must be 0.38 to 0.5 of AB)
D - Second leg (can be 0.618 to 1.27 of AB)
Looks like this criterion is met. I have written the potential targets for this.
Dynamic Gann Box helps with this setup as well.
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.