Diamond Shape for EURUSD

FX:EURUSD   Euro / U.S. Dollar
Diamond Shape for EURUSD            
When we see a Diamond Shape
form in a very high location,
Very high likely it will be a reversal pattern.

Sell the Break Out when price close below
the supporting edge of the diamond
Be prepaired when you see a bearish candle
close below the trend line and trade the pull back
Now is 1.1320
Hey Traders, did you go into the trade?
Comment: Again, Traders are u still hold eur short position?
more downside space
Good idea...and good teach of Diamond at cross and buy at PB...much appreciated. I short almost the first day it dip at around 1.1380, however, my TP set at 1.1180; SL100pips ... and since TP is 50pips away from the first didn't fill.and after a week of up and down, it comes down nicely along the major bounce of dollar... so I have to rethink of how better to manage the TP level, so that I don't miss a 3 days 150pips for a 12 days 200pips instead...I think you got me.
yes i am still in BOSS :)))
Yap still sir ;) thanks to u
You bet. Nice one Jack.
Should we be concerned about 4H pinbar?
yes I entered 1.14494, beautiful annalize and thank you very much for Jack's work !!
Here was my set up.
Thanks to you , i learned about "diamond shape"
Thank you
thanks a ton.
Indeed. Caught it from 1.1405. Great work Jack.
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