I'm thinking that we fail to break the outlined resistance level and see a diamond bottom breakdown to the next level of support.
The breakdown may feature a throwback to the area of market structure, which would be the ideal level to enter a short position.
Bulkowski outlines that the Diamond Bottom performs at a rank of 1 out of 21 in breakdowns. (To be transparent: I'm not entirely sure where he's observing these statistics from. But regardless, in some capacity, it ranks highly as bearish continuation)
http://thepatternsite.com/diamondb.html
The breakdown may feature a throwback to the area of market structure, which would be the ideal level to enter a short position.
Bulkowski outlines that the Diamond Bottom performs at a rank of 1 out of 21 in breakdowns. (To be transparent: I'm not entirely sure where he's observing these statistics from. But regardless, in some capacity, it ranks highly as bearish continuation)
http://thepatternsite.com/diamondb.html
Not
Right side of the diamond bottom is forming into a bearish ascending triangle
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.