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The Diamond
CREATED: SUNDAY, 30 DECEMBER 2012

The diamond is one of the most deceptive price structures there is in the market.

It catches both buyers and sellers alike, and can fill massive orders for the big guys.

At Supply, it involves an engulf South, fakeout North, and reversal South - vice versa at Demand

Since a picture tells a thousand words, here are some charts


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This is one reason why you should know exactly where to place your stops, and have the faith in the zone to leave your stops
there

Homework:

Find and describe at least 40 diamonds at Supply or Demand


Any pair, any tf HOME EDUCATION FORUM MORE LOGOUT

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