Trading Diamond Pattern
The chart above shows a "Diamond bottom reversal" from the
USOIL
tick chart.
1. Wait for a clear breakout from the "Diamond pattern.
2. Enter a "long" trade at 54.35.
3. Place a "stop" order bellow the low of the "Diamond at @ 49.44.
4. Target the range of AB from C to @ 74.35.
The chart above shows a "Diamond bottom reversal" from the
USOIL tick chart.
1. Wait for a clear breakout from the "Diamond pattern.
2. Enter a "long" trade at 54.35.
3. Place a "stop" order bellow the low of the "Diamond at @ 49.44.
4. Target the range of AB from C to @ 74.35.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.