Happy Weekend All - here is a great example of classic diamond pattern. The larger SPX and NAS diamonds of the summer have left many smaller diamonds in their wakes. During formation, diamond price action can be erratic, with parabolic run-ups followed by parabolic drops. Diamonds are for Theta Burn. I expect many more Diamonds to be formed as we move forward - I will celebrate the return of a rising wedge full of the H&S (or iH&S)..for now we have the Diamond and I am working to make sure I don't get caught on the wrong side of the volatility. My next post will be a new fib channel- featuring this new TSLA Diamond - as we prepare for the split. How have you been trading TSLA? What is your plan for Monday? Have you found success using these Diamond Charts? Do you see Fibs in nature and if so where?
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.