a diamond top formed on the 4 hourly and hit its target perfectly which was the distance between the high and the low of the diamond placed at the break out. this would have made a very good little short trade and a sell when the price bounced on support would break great, alternatively you could hold a little longer
here I back test some various patterns measured with their respected targets and the chart confirms how well the target prediction lines up with actual price.
patterns are all coordinated by colour.
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please help me with my technical analysis, just a few little ideas point out any more I may have missed and also if I could have improved anything I plotted on this chart
