What a move! Using the diamond to identify likely slopes for channel creation has potential to provide great entries.
two plans : - pump to 0.257 - dump to 0.227 I would expect a decrease to 0.227, since it's pumping for a while now... let's see !
This Diamond continues to be in play offer back tests for entries and resistance zones.
The Diamond Pattern is for Theta Burn on the weeklies,
Upon and examination of a 5 or 10 or 20 year S&P 500 chart I understand why my financial professionals advised a hold strategy during any down periods (2008) given the amount of years I had left to earn and invest. They also had a plan on how to optimize the amount of risk my portfolio was taking on or off as time passed. In trading the time functions condense;...
S&P 500 DIAMOND PATTERN - 15MIN
EURGBP Preparing for the confirmation of the "Diamond" pattern , the Macd and Rsi indices also supported the uptrend, especially the strong RSi because it is above the 50 level and the direction is increasing. EURGBP buy when breack out at : 0.90350 EURGBP target : 0.92034 Stop loss : 0.89950 Wish you good deals!
We broke the diamond pattern + also broke the resistance meaning strong potential to the upside
Diamond pattern forming on 4h timeframe. This means that the trend will soon reverse and test very strong 9500 level
If the price will breaks today's low 1.37342 - the continuation diamond will be confirmed. Atm the red line is not confirmed. Targets: 1: 1.3645 2: 1.3490 3: 1.3420 - unclosed GAP on daily chart ----------------------------------- This is not the financial advice. If you liked this idea, please like and subscribe to my profile. GL!
XRP/USD Diamond Bottom. Target of at least 40 cents per ripple.
A diamond chart formation is a rare chart pattern that looks similar to a head and shoulders pattern with a V-shaped neckline. Diamond chart reversals rarely happen at market bottoms, it most often occurs at major tops and with high-volume. - BTC Ready For Bearish Move, MACD Bearish - RSI in Triangle
We can see in the 4 Hour a diamond pattern forming. Lets see what happens
EURJPY with similar movement to GBPJPY will EURJPY fail the double top and continue to recover? Will it make the same movment as GBP?JPY creating diamond pattern? Eyes open for this big oportunity
A diamond chart formation is a rare chart pattern that looks similar to a head and shoulders pattern with a V-shaped neckline. Often to be mistaken as an upcoming Head and shoulder formation. There are a lot of similar Diamond pattern on others charts right now. Usually, diamond pattern use to work out quite often. Let´s see how it will play out. (Personally, I...
I LOVE THIS PATTERN. VERY RARE BUT POWERFUL. WAITING FOR BREAKOUT .
Several indications to be on the short side next week. CURRENCYCOM:DE30 CURRENCYCOM:DE30 - MACD divergency - RSI divergency - Diamond pattern completed - last hours started to form a nice double top set up putting even more selling pressure on the DE30 for the following week Strategy: - wait for confirmation of Double Top and short. You can set positions...