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Dragon Pattern
Potential Dragon Pattern for TSX:ALEF.
Anatomy of a Dragon Pattern
A - Head of the Dragon
B - Formation of the first leg
C - Hump (must be 0.38 to 0.5 of AB)
D - Second leg (can be 0.618 to 1.27 of AB)
Looks like this criterion is met. I have written the potential targets for this.
Dynamic Gann Box helps with this setup as well.
Anatomy of a Dragon Pattern
A - Head of the Dragon
B - Formation of the first leg
C - Hump (must be 0.38 to 0.5 of AB)
D - Second leg (can be 0.618 to 1.27 of AB)
Looks like this criterion is met. I have written the potential targets for this.
Dynamic Gann Box helps with this setup as well.
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