In this article, We learn about "Continuation Diamond ".Let's Go!
A Continuation Diamond The Continuation Diamond chart pattern forms when price breaks out of a consolidation period upwards, indicating that the previous uptrend will continue.
Chart patterns begin during a downtrend as price makes higher highs and lower lows in an expanding pattern.
The trading range then gradually narrows after peaking at the highs, and starts trending upward at the lows.
When price breaks above the Diamond Border Line upwards, it signals a resumption of the previous uptrend.
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