tntsunrise
Short

Diamond Shape for EURUSD

FX:EURUSD   Euro Fx/U.S. Dollar
5636 53 158
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
Comment:
snapshot
Comment:
snapshot

Now is 1.1320
Comment:
snapshot

Hey Traders, did you go into the trade?
Comment: Again, Traders are u still hold eur short position?
more downside space
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very interesting
+1 Reply
You are the bearer of good news today ;)
Let's hope so
+1 Reply
nice trade idea. so are you actually selling the breakout or selling the pullback?
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Another rabbit from Jack's hat. Thanks Jack !
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Is this a breakout to the upside?
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Watching this one closely as well. Good idea Jack.
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na na na.....not so fast.
+1 Reply
arif_awan arif_awan
it broke diamond to the upside.
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arif_awan arif_awan
Long term Long on this Pair..
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I am already short on this from your idea last week
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yes this figure i saw 5 days ago already still on process, great view. its formed allways on top on markets, distribution area ! in correlation with USDJPY bottom TP 110.2
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This is not a diamond... This is a re-accumulation before grove up...
snapshot
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JassSangha suburra
100 %sure sir
eur usd buy t.g .t 1.17000
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suburra JassSangha
no one can know the future...
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tntsunrise TOP JassSangha
GOOD LUCK
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it break down already
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suburra tntsunrise
I like ur way. You r great trader. And i follow you. But im not sure. I disagree with this idea and i stay away from this pair for now.
snapshot
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Good spotting TNT - I'm also agree with you as I am seeing massive divergence on the 1d, 4h, 3h,2h, and 1h so a BIG short is inevitable
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yup. it sideway too long already. the down move will continue many days
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I`m In, lets sell, my target its short only to 1.1216 weekly target.
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tntsunrise TOP Nanansuh234
1.1050 is good
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Nanansuh234 tntsunrise
:D Thanks for recomendation, but how long it will be wait? I`m on weekly trade, sell from 1.1459 below supply weekly. with target 1.1276/16 only 240 pips. which tf do you used Sir?
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tntsunrise TOP Nanansuh234
i will just let it run and forget the trade. because after I take partial profit, the trade beomce ganranteed wining trade. i dunt care i hold for how long.
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bobbysims3 tntsunrise
For TP2? or TP1?
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bobbysims3 tntsunrise
1.1050TP sir? Thats quite a ways down...great drop if it is
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Very nice! I am inn with both hands :) !
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Sir, should we adjust our stops or anything for the news at 8:30? Or will it even affect the progress it has made. Im in some pretty good positions, I guess even if it does go back up, it will come back down once the news calms down after about 30minutes
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good
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Yes Sir.... this is a very nice setup.
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congrats!
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thanks tnt
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Yes!!!, thank you, my entry was at 1.1284
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1.1284. too late ?
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Yes sir....I got in at 1.13584. Happy pips hunting
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congrats!
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This was very nice Jack, good work!
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congrats!
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i did!! thanks jack! its also a triple tops. great spotting!
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tntsunrise TOP DAVID_GIRALDO
congrats!
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Very nice Jack, Thanks!
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congrats!
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M in fm 1.1366 thanks sir...
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congrats!
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Yay!
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Indeed. Caught it from 1.1405. Great work Jack.
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yes,
thanks a ton.
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Here was my set up.
Thanks to you , i learned about "diamond shape"
Thank you
EURUSD Out of the box
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yes I entered 1.14494, beautiful annalize and thank you very much for Jack's work !!
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Should we be concerned about 4H pinbar?
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You bet. Nice one Jack.
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Yap still sir ;) thanks to u
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yes i am still in BOSS :)))
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Good idea...and good teach of Diamond at top...support 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 drop...it 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.
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