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MC_Mike_Trading

Diamond formation

MC_Mike_Trading Updated   
BINANCEUS:COMPUSD   None
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
TF: D
A possible diamond formation is forming on the COMP/USD chart. Diamond patterns are rare reversal formations and usually are spotted near tops or bottoms. Definitely something to keep an eye on...

See a previous idea of mine when a diamond formation was spotted on the AUD/USD chart:
Bearish Diamond
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