Diamonds...are fake out machines. This one proved to be a short frame reversal pattern after the wick off the 2 hour UBB, price lost the 2 hour 50 SMA as the bands open to the downside.
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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.