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.
