Diamond Top Formation Pattern in Forex Trading

Diamond Top Formation Pattern in Forex Trading

Diamond Top Formation pattern aik technical analysis pattern hay Jo Kay market top per appear hota hay aur uptrend main reversal point krta hay.Isko ye Naam is liay dia gea hay q Kay trendlines ko peaks aur troughs ko connect krti Hain aik diamond ki shape main hoti Hain.Diamond top formation sb se pehlay off center head and shoulders pattern se banti hay aur trendlines apply krna peaks and troughs per dependent hota hay. Key Takeaways of Diamond Top Formation Candle Stick Pattern Diamond Top Formation pattern market top Kay pas appear hota hay aur possible Uptrend Reversal dikhata hay.Isko ye Naam is liay dia gea hay q Kay trend lines Jo top and troughs ko connect krti Hain wo aik diamond ki shape main appear hoti hain.Technical analysts Kay according potential move calculate krne Kay liay aik br jab diamond formation ki neckline break ho trader ko highest aur lowest point ka distance calculate krna chahiye aur isko breakout point main add kr dia jata hay. Understanding Diamond Top Formation Diamond Top Formation general zayada common nai hain lakin jab wo aik br appear Hoon to wo current uptrend main reversal ki strong indication deti Hain.Ye pattern tab appear hota hay jab aik strong up trending price prolonged period Kay liay sideways movement show krti hay Jo jay aik diamond shape main appear hoti hay. Technical analysis hamesha possible reversal ko dakhtay Hain jis se unki sizable profit bananay ki opportunity create hoti hay Jo Kay diamond Top Formation candle Stick Pattern ko reliable indicator banata hay.Traders suggest krtay hain Kay aik br jab diamond Top Formation ki neckline break hoti hay to traders highest and lowest point ka distance calculate kr Kay isko breakout main add krtay Hain jis se potential move ka idea hota hay. Key Characteristics of Diamond Top Formation Candle Stick Pattern Diamond Top Formation pattern Kay security price ka upward move Hona lazmi hay.Price action broadening pattern ko resemble krta hay Jahan per peaks high aur through lower end per hotay Hain.Isi Tarah price action change ho ga Jahan per peaks low aur through high hn gay.Peaks aur troughs ko connect krne se diamond Top Formation Candle Stick Pattern shape create ho gi.Diamond Top Formation Uptrend Kay end per ho create hn gi jab Kay iska counterpart diamond bottom formation Downtrend main appear ho ga.Diamond Top formation candle Stick Pattern ko mostly head and shoulders pattern Kay sath confuse kia jata hay.