thinkerdoertalker

One way only?

Long
BITSTAMP:BTCUSD   Bitcoin
1h bullish Diamond pattern. The volume is coming. Wait for volume confirmation and close on 4h or use Stop Loss.
Top around 40400.

It's time to move on?

Diamond Pattern
In a diamond chart pattern, this occurs at the lower right part of the bearish diamond formation and the higher right part of the bullish diamond formation.

Diamond Pattern Stop Loss
It is essential to always place a stop loss whenever you trade the diamond pattern. The ideal stop loss positioning should be above the final peek inside the diamond for the bearish diamond formation. And below the final low inside the diamond for the bullish diamond formation.

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