Diamond Pattern Proof
Dear Traders:
Among the different types of wave patterns, the Diamond pattern is one of the less studied and known cases. Hence, the Diamond pattern is a subject that is interesting for me!
First Diamond pattern proof:
Comparing the calculated target-1 (based on the proposed Diamond pattern) against Actual data revealed an excellent agreement with what happened. therefore, the first pattern was (exactly) a diamond pattern.
Target-1 =30200 $ (Actua) vs 31000 $ (Calculated)
Second Diamond pattern estimation:
Again (I think) the second pattern is a diamond pattern.
Target-2=32000 + H2 =44500 $
I welcome your comments.
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