The “Dragon” pattern is a simple pattern of technical analysis that refers to reversal price models and its occurrence predicts the future change in the market direction. With that, one should be able to draw a trend line from the pattern's head to the highest point of its hump.
FPGROUP chart pattern appear rectangle channel at wave 3 to 4. If succesfully break and stay above 1.05 level, Trend continuation is clear to find immediate resistance at 1.15. Ultimate TP is 1.6 taking 3-6 month period.
Entry above 1.05 and any reversal below 1.00 consider loss interest for this counter.
Disclaimer: This trading idea is strictly intended for educational purposes only so please do your own study before making decision.
FPGROUP chart pattern appear rectangle channel at wave 3 to 4. If succesfully break and stay above 1.05 level, Trend continuation is clear to find immediate resistance at 1.15. Ultimate TP is 1.6 taking 3-6 month period.
Entry above 1.05 and any reversal below 1.00 consider loss interest for this counter.
Disclaimer: This trading idea is strictly intended for educational purposes only so please do your own study before making decision.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.