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zippy1day
Jun 2, 2019 9:01 AM

BTC Possible Diamond Top Long

Bitcoin / U.S. dollarBitstamp

Description

Although this signifies the possibility of a Top it does not mean necessarily it is the ultimate top!
I have used category Triangle as they often are observed as back to back triangles.
Targets to be calculated as per link below for each scenario....of course the path may just keep going sideways which would probably invalidate this pattern!
thepatternsite.com/diamondt.html

Trade active

We seem to be pivoting around the Apex of the Diamond so let's see where we go?
Comments
janek.bobula
incorrect diamond needs to touch top and bottom of structure multiple times not once
zippy1day
@janek.bobula, If you say so, however still time yet to fulfil that requirement.
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