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tsmith87

Diamond pattern round 2?

Long
US100 CFD (SKILLING:US100)  
tsmith87 Updated   
SKILLING:US100   US100 CFD
Trend Analysis Chart Patterns Technical Indicators nasdaq NASDAQ 100 CFD diamond diamondpattern reversal
7
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trendanalysis chartpattern indicator nasdaq nas100 diamond diamondpattern reversal
Larger diamond pattern forming after the July pattern played out and hit target. Strong bullish divergence on the larger time frames, bounce off the .618, and RSI trend break and backtest (similar to July/Aug run) looks pretty good. Could come back to test the support line before continuing
Comment:
Weekly RSI fell below, not a good sign. Still holding lower trendline adjusted to the Oct 31 wick for now
Comment:
HIgher low here so could still be in play
Trade active:
snapshot
Looking good for potential break out here. Do we see golden pocket retrace?
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