@paddington bear
FWIW I also happened to notice quite a few diamond patterns when I did my chart run through on weekend. Not something I "look for" or tend to see too often. Actually looked up some chart pattern cheat sheets & there is quite a few different views on them.
-Some believe that "any shape diamomd" qualifies unlike PB definition that requires parallel boundaries.
-Many indicate that the price Highs and lows should be at the apex and low point of the diamond e.g. from "Wiley_Trading_Encyclopedia_of_Chart_Patterns_nd_Edition_2005"
and from the same book:
In summary IMO they are a pattern that worth noting BUT dont get me too excited!!!!!
- Forums
- ASX - By Stock
- The Brains Trust - 2024
@paddington bearFWIW I also happened to notice quite a few...
-
- There are more pages in this discussion • 253 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XSO (ASX) to my watchlist
|
|||||
Last
3,074.9 |
Change
73.100(2.44%) |
Mkt cap ! n/a |
Open | High | Low |
3,001.8 | 3,074.9 | 3,001.8 |
Featured News
XSO (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online