Diamonds, anecdotally, seem to return to their midlines before signaling whether or not they are destined to become a reversal or continuation rhombus. In the event of a break out the flag to the upside, BTC will be gaining an uptrend with a HH. A loss of the .5 (65-28.8K retracement), with a backtest is the bear path.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.