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Jun 16, 2018 4:24 PM

EURUSD DAY DRAGON BULLISH REVERSAL PATTERN Long

Euro Fx/U.S. DollarFXCM

Description

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

Comment

Here is a possibility of 2 trend line breakout trades

Comment

15m entry of 1st trendline update
Comments
kyanmarco
I've never seen this pattern before mate..
cooltikks
SL for this trade?
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