navidnamashiri
Long

BCHABC is going to complete Dragon Pattern

It is very similar to two bottom pattern, but i think it can be a dragon pattern, Descending trend line has been broken, now it is very safe to enter, according to the dragon pattern targets have been shown on the chart, and stop loss is under the first bottom (lower bottom), chart shows us a very R/R.
Note: Do not forget to set your Stop Loss.
Note: It is a long term position and takes time. if you are not a patient trader, do not enter to this position.
Targets:
TP1: 384.52
TP2: 521.84
TP3: 557.99
TP4: 672.48
SL: 256.71

Comments

Agree. Good risk management on this one.
Reply
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