I can't fairly say that's a measured move. More a visual
guesstimate. I find diamond reversal patterns on short time frames
retrace the prior short term up trend. and often more..
In this case it should be more like 3819 so 3800 is too
generous.
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Just curious how you measured
Watching this...
Posted by kobie on 25th of Jul 2022 at 01:03 pm
Just curious how you measured the target because one normally uses the hight of the diamond to project the target...
I can't fairly say that's
Posted by tgo5043 on 25th of Jul 2022 at 01:44 pm
I can't fairly say that's a measured move. More a visual guesstimate. I find diamond reversal patterns on short time frames retrace the prior short term up trend. and often more.. In this case it should be more like 3819 so 3800 is too generous.