Diamond Top Reversal - Diamond top formations are generally uncommon however when they do form they can be a strong indicator for a reversal.
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Note: It may extend further sideways to the right hand side and form a slightly larger diamond. However, it is there and is a strong indicator for the much anticipated reversal.
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First leg down; formed a larger diamond top reversal which is set to see the real correct initiate provided we can now close out of the larger pattern. Hopefully we will see confirmation within the half hour:
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Possible last chance to short. This is the last line of defence now:
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Boom
Trade geschlossen: Ziel wurde erreicht
