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The "Dragon Pattern" is a reversal pattern used in technical analysis, formed by five key points:
Dragon Ball: Strong initial support (A).
Peak: Upward rejection (B).
Retracement: Test of support similar to point A (C).
Dragon Head: New top (D).
Breakout: Confirmed by high volume on resistance breakout.
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Dragon Ball: Strong initial support (A).
Peak: Upward rejection (B).
Retracement: Test of support similar to point A (C).
Dragon Head: New top (D).
Breakout: Confirmed by high volume on resistance breakout.
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