XAUUSD Is trading a symmetrical triangle on its daily chart currently price is squeezing between 1853.943 and 1753.070 on its mid range 1798.000 symmetrical triangles are only valid when prices closes above below breakout levels also on a daily chart we can see a geometric pattern diamond, diamonds pattern can be found in topsbottoms or in a mid trend, i like...
pay attention to fake-outs diamonds are good at it, and always execute the trade after the breakout with confirmed trend don't be a dick for few pips by Constantino CM The "Diamond" pattern is very reliable and consists of four-sided price action. It is also similar to adding two "triangle" patterns, Inverted and Symmetrical, together. "Diamond" patterns are...
WILL GET ADVANTAGE OF THE DIAMOND PATTERN LETS SEE HOW FAR IT GOOES by Constantino CM The "Diamond" pattern is very reliable and consists of four-sided price action. It is also similar to adding two "triangle" patterns, Inverted and Symmetrical, together. "Diamond" patterns are both continuation and reversal patterns. If the pattern occurs in the midst of a...
We officially filled the gap on Friday, 12/17, because we had actually bounced off the moving average before we could fully fill it on Tuesday and Wednesday. Gaps on equities will fill about 80% of the time, and then the markets tend to reverse 80% of the time after a gap fills. We have gaps immediately above and below the market right now; I think that...
Toughest Pattern to play and a repeat of last July. NAS resistance at the ATH 2 hour UBB. Backtesting the 2 hour MBB. GOOG, MSFT, AAPL strong while FB consolidates
Sarine Tech is benefiting from the current race to inflation hedges, as it provides exposure to the diamond business - on top of being a high growth tech company. The stock is about to re-enter the upward trend channel.
If you are short are you looking for more downside. Bull plays need the market to find support and break and backtest this GP
This Double Diamond at the top of the QQQ trend provided support/res lines for the 30 Minute QQQ H&S that confirmed with follow through on Tuesday July 28th.
The price of Lucara Diamond Crop (LUC) has been falling since 2016 along the trend line included in the chart. Recently, the stock price retracted upward towards the trend line which provides a good opportunity to enter a short position. The first good target price would be the 78 percent fibonacci retracement (from the june low to june high) at 3.385 (SEK)....
As tensions with China increase the hunt for rare earths will rage. This little unknown company will soon be in demand. Keep this a secret until late in the year. By spring 2021 no rock will be left unturned.
Spotify is showing mixed signals with the formation of a diamond top which is indicative of a bearish reversal, evident on the chart. Also, formation of an island top which are a quite reliable bearish reversal chart pattern. The uncertainty in this chart may be evident to investors which choose to capitalise on this or sit out. Personally I use Spotify myself..
$ACRL’s land is the ‘Allsopp-Hutson’ star that’s highlighted which they also list in their 10-K: Proof of their Allsopp ownership in their 10-k, Page 11: “Allsopp Properties: Mineral Rights acquired in the Kirkland Lake Gold’s Macassa mine Complex Ontario Canada. Consists of 1,680 acres.” They also have thousands of other acres and rights to diamond, graphite...
Diamonds? SELL 75.20; SL:=76.75; TP:=64.20 (Risk/Reward: 7.1)
LOM has formed a reasonably clean cut inverse head and shoulders pattern which is currently challenging the neck line. With a ongoing news from existing diamond mining activities and upcoming exploration work the catalyst for a break seem likely to present. First target is set at the support/res level at 37.5c with the second target at 42.5c representing 27...
It looks like btc has just finished Wave A of its correction, I expect to see a bounce to the the 0.618 fib line of the fib retracement for wave b and down to the support trendline just below 0.618 of the fib extension for wave c. Long the break of this pattern for certain profits.