Dislikedok,these are new patterns for me. shouldnt the expected break be to the downside??
thanx jonIgnored
nobody knows the brkout direction.
i am trading different brkouts.
just wait for the brkout and go with the trend.
if we break down, i will go short.
if we break up, i will go long.
the good thing on all brkout-patterns is the very good "RRR" (reward / risk ratio).
A good diamond with not too fast brkout-candle has an RRR of minimum 4, which is extrem profitable.