Reversal: Diamond Bottom | USD\CHF

ChartSecret

Master Trader
Jun 26, 2009
91
1
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www.chartsecret.com
USD\CHF: Diamond Bottom may cause reversal at the USD\CHF forex pair. The diamond is one of the most reliable chart patterns, able to create complete reversals after its breakout. Pattern's size is 70 pips, and this is its first target to reach after breakout.

Trading
Long trade will be entered after breakout of Resistance.
Conservative traders will wait for pullback to enter.

Source
http://www.chartsecret.com/content/analysis-diamond-bottom-usdchf
 

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