TradingView
hardeepssethi
Dec 11, 2023 2:54 AM

Expected continuation diamond pattern formation 

ASSOCIATED ALCOHOLS & BREWERIEBSE

Description

A continuation diamond pattern, also known as a diamond bottom or bullish diamond, is a technical analysis chart pattern that usually occurs during an uptrend and signifies a temporary pause or consolidation before the price resumes its upward movement. It's considered a continuation pattern because it typically results in the continuation of the existing bullish trend.

PLEASE NOTE THAT:
  • This chart analysis is only for reference purpose.
  • This is not buying or selling recommendations.
  • I am not SEBI registered.
  • Please consult your financial advisor before taking any trade


Trade closed: target reached

EDUCATIONAL TARGET CLOSED!
More