The Diamond pattern, an often-overlooked gem in technical analysis, holds the potential for substantial profits.
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Despite its rarity, this unique pattern can be a valuable asset for traders. In this article, we'll explore the essentials of the Diamond pattern, from its formation principles to...
I tried to show you the most important Classic Reversal Patterns of Technical Analysis with their 🎯 Targets 🎯.
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All financial markets, including the stock market, forex market, cryptocurrency market, and futures markets, feature diamond reversal patterns.
Compared to many other traditional chart designs, the diamond pattern is less frequent.
However, it's critical that you understand and recognize the pattern since, when it happens, it can present a great trading...
DIAMOND TOP / BOTTOM:
> A trend reversal pattern indicating the end of up or downward trend - slightly off head & shoulders pattern
> Price increased and declined sharply with significant volume forming a diamond shape
> A mix of expanding and contracting triangle or wedge, often confused with a more popular head & shoulders
> Timing could range from days to...
Diamonds Chart Patterns Explained
The diamond chart pattern is a very rare and exceptional form of chart formation which looks same like the head and shoulder or an inverted head and shoulder pattern. It is a reversal pattern which appears in a V shape . The diamond patterns will not frequently occur in the market bottoms and it usually takes place during...
