USDCAD has formed a diamond top reversal pattern on its hourly chart. The Price is trading the Breakout: 1.35995 ST: 1.36292 Targets: 62%: 1.35675 79%: 1.35590 127%: 1.35337 162%: 1.35160
USDJPY has formed a diamond top on its hourly chart. The price is trading below the Breakout: 133.550. ST: 133.967 Targets: 62%: 132.552 79%: 132.280 127%: 131.509 162%: 130.961
diamond continuation/top/bottom patterns are rare and hard to spot, best used with other indicators or analysis tools etc. when price breaks out of the diamond it can signal continuation of previous uptrend (or mark tops and bottoms). to measure the move take the high and low and you can take that distance from the break out as an estimated target, break out=...
RSI Overbought and MACD Bearish Divergence
Hey everyone, heres my diamond idea for alt coins. On the 3 day TF. Its hit support at the bottom of the diamond , coming up to next level of resistance, i see the 200 sma sneaking above on the next level up. This tells me the probability is we see an alt coin pump
hello guys ... bitcoin formed a diamond pattern however doesn't confirm that yet, be ready for the time when the price breaks down the gray area, if that occurs, the diamond pattern is approved and you can get a short position. put your target on the pink area that I show on the chart. always do your research. If you have any questions, you can write them in...
COINBASE:ETHUSD ⏰ TimeFrame 1h 👉 💎 Diamond reversal❓ or continuation❓ ✔️Logarithmic (Log) Chart
SInce Reversing at the PCZ of a Bearish Shark WFC has formed a very clear and defined Diamond Structure. I believe that this week we will confirmed a Bearish Breakdown of Structure and the Moving Averages in which that should mark the start of a Volatile Decline to around $20 or even lower.
Ahoy, me hearties! Let me tell ye a tale about a man named James, a swashbuckling trader who sailed the seas in search of the finest diamonds. James was a master of the diamond top pattern, and he knew how to read the tides of the market to make a profit. When he saw the pattern confirm, he hoisted his sails and set a course for treasure. His crew worked...
oh, yes today was a volatile day, while Powell gave his testimony, the market moved a bit up and down.. With the news yesterday, that the increases may continue, the market was in a panic since a few weeks ago It was assumed that there would be no increases. Surprise the Fed did it again. But currently the market must price in .50 and who knows if .75, what I...
i thought i would share my latest idea based on that dump we just had. I see a diamond pattern here. BTC already broke out and retested, but now has broken out of its pattern and dumped back down . So i changed my anlysis and spotted this diamond So either pump through the low volume gap (blue box) take out the red vectors OR dump hard and grab the...
Nifty has wolfe wave with divergence , in RTM terms it call as fake out, stacked RS breakout and compresssion with dtive/wolfe wave clearly shows that its a fake out. alreadt did the swap of base so its just a trap.
Bullish for now .The previous ceiling or even higher, offers and requests, macdi is a great place. And I see support in Macdi. ,
DYDX has shown Hidden Bullish Divergence as it consolidates in a Diamond Structure, if it plays out we may come up near $4
i have mark the level in chart follow it comment me for chart analysis
Dxy extends its rightful descent back to hell where it came from almost 90 years ago, to rejoin the Rosevelts... Failed diamond, uptads, bear flags, this pile has it ALL!
Hi friends! This is not an easy time, which creates even more questions before the time ahead. In this idea, we see the strongest pattern "Diamond", which will definitely be worked out. Based on the logic and analysis of the chart at earlier stages (starting from November, not August as here), we tend to break the pattern down, but we cannot rule out an upward...
I've been frustrated trying to figure out what the s&p500 is doing as it won't crash and won't recover. I think it might actually be forming a diamond bottom pattern: thepatternsite.com This is a pretty accurate sign of a bottom. It's likely to fully recover, so if it starts breaking upward don't question it. Good luck!