GEOMETRIC TRADING

DIAMONDS patterns are classificated as reversal and continuous patterns.
AUDUSD examples a Diamond Top reversal pattern on its hourly chart.
The Price is currently trading below
Breakout: 0.70794.
Diamonds Patterns are very reliable and provide an excellent targets criterias

Entries: Trade below the Breakout: 0.70794.(execute with a confirmed Trend)

Stops: above the highrs previous to the breakout ST: 0.71037.

Targets:
62% 0.70405
127%: 0.69991
162%: 0.69773

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