Looking at Dragon on the daily
* Willy is stupidly over sold and also making a nice bullish divergence
* Histogram looking ok break up past the 0 line (Would like to see some more structure in the histogram)
* OBV looking healthy and confirming a nice bullish div
* Price double bottom on the 4H chart but would like to see something more solid.
* Price could potentially run up into resistance at the 618 and 786 fibs which also lines up with the POC
I will be placing a tight stop loss
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
* Willy is stupidly over sold and also making a nice bullish divergence
* Histogram looking ok break up past the 0 line (Would like to see some more structure in the histogram)
* OBV looking healthy and confirming a nice bullish div
* Price double bottom on the 4H chart but would like to see something more solid.
* Price could potentially run up into resistance at the 618 and 786 fibs which also lines up with the POC
I will be placing a tight stop loss
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)