Ok Martis, first of all what kind of a diamond pattern is it? Generally Diamond patterns signal a reversal. Your depicting a continuation.
Second of all, draw it with a more accurate chart, you can put lines anywhere if you zoom a chart out far enough.
mowibble's high tight flag tuesday, page-36
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |