RCL | Bull Dragon Pattern | upcoming Triangle Breakout Setup
Price Action and Chart Pattern Trading Setup
> Bullish Dragon Pattern with upcoming triangle breakout ENTRY setup above EMA200 and Volume Profile Point of control 44.50
> 1st Target upcoming TAIL HOOK fibo 0.5-0.618
> 2nd target at DRAGON HUMP 0.618-0.786
> 3rd target DRAGON HEAD 0.786-1.0
> Tail extended target DRAGON HORN ZONE 1.0-1.618
Indicator:
> Smart Money and Banker Chip important level support at Triangle A position
> Fund flow trend reversal into positive distribution phase
> KDJ Stochastic strong uptrend
> Banker BBD positive trend above baseline 0
Fundamental Factor:
> positive BDI index +5% vs last week above 2000.
> CCFI Container Index still at high level
en.macromicro.me/charts/947/commodity-ccfi-scfi
Risk ratio: 2.5:1 for short term target tailhook position or dragon hump trade and 3:1
Always trade with affordable risk and respect your stop loss
Good Luck
> Bullish Dragon Pattern with upcoming triangle breakout ENTRY setup above EMA200 and Volume Profile Point of control 44.50
> 1st Target upcoming TAIL HOOK fibo 0.5-0.618
> 2nd target at DRAGON HUMP 0.618-0.786
> 3rd target DRAGON HEAD 0.786-1.0
> Tail extended target DRAGON HORN ZONE 1.0-1.618
Indicator:
> Smart Money and Banker Chip important level support at Triangle A position
> Fund flow trend reversal into positive distribution phase
> KDJ Stochastic strong uptrend
> Banker BBD positive trend above baseline 0
Fundamental Factor:
> positive BDI index +5% vs last week above 2000.
> CCFI Container Index still at high level
en.macromicro.me/charts/947/commodity-ccfi-scfi
Risk ratio: 2.5:1 for short term target tailhook position or dragon hump trade and 3:1
Always trade with affordable risk and respect your stop loss
Good Luck
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.