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Bullish Diamond
Uncommon but reliable BULLISH REVERSAL. After a downtrend, price forms a diamond shape (expansion + contraction).
By the TradingCalculator.Pro team · Updated on · About us
Start your 7-day free trial →What you will learn
- Reliability: Medium
- Timeframes: 4H, D, W
- Reversal Pattern · Bullish
How to Trade
- Identify the expansive half followed by symmetric contraction
- Entry: buy on upside break of the upper diamond line
- Stop Loss: below the center of the diamond
- Take Profit: diamond height projected upward
- Confirmation: break with volume at least 50% above average