Potential Diamond Top $SPY
Potential Diamond Top
Invalidated with a close above 284
Great risk/reward area here
Diamond tops are infrequent but are like the Head and Shoulders pattern little brother
The peaks are higher on the left & the troughs are lower on the right.
You can see that in the RSI negative divergence too
Then the trendlines form together in a shape of a diamond💎
Invalidated with a close above 284
Great risk/reward area here
Diamond tops are infrequent but are like the Head and Shoulders pattern little brother
The peaks are higher on the left & the troughs are lower on the right.
You can see that in the RSI negative divergence too
Then the trendlines form together in a shape of a diamond💎
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.