Quote:
Originally Posted by hoss
Would this have been a valid dragon signal on the GU 30 min? Thanks in advance.
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Hoss,thanks for contributing..It looks like the second leg is longer than 127% of the first leg`s length,so,if this is so,it doesn`t qualify as a Dragon(ratio of second to first leg should be from 0.618 to 1.27)..additionally the Hump doesn`t look like a 0.38 to 0.5 retracement.
Regards
Simba