1. It is an unusual formation to have. How to trade it? Well, it is always 50/50 situation. You basically trade in the direction of the breakout.
2. It is not common to publish an idea for 2 different Commodities however they share the same pattern. That's why I decided to share both of them as the same idea. Keep in mind they might go in opposite directions though.
Keep tracking it and step in the moment of breakout. That's my strategy on this one. The General trend for both of them is Bullish but it might break otherwise.
When you open the position for the diamond you set stop-loss above the apex opposite to trade direction.
Remember to drop a like if you find this idea interesting.
Disclaimer Remember to always Do Your Own Research. I am not a financial advisor. The advice here given is not financial advice even though my excitement might make it look like such. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.