Euro / U.S. Dollar
Long
Updated

EURUSD DAY DRAGON BULLISH REVERSAL PATTERN

1 410
This trade was brought to our attention by Tex3rdgen from the strike-trader-signals-chatroom. Here is his comments "I'm seeing a very definite Dragon Pattern on EURUSD daily chart. For those who haven't heard of it, it is a reversal pattern, it looks left with head at the top of a typical long neck with front feet lower than back feet with a hump in between. Confirmation comes at the break of the down TL drawn from back of head to back of hump. May confirm on Monday."
Thanks Tex
Note
Here is a possibility of 2 trend line breakout trades
snapshot
Note
15m entry of 1st trendline update
snapshot

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.