possible 3hr chart diamond pattern the dominant pattern?

7 Agu 2019

diamond pattern seems fairly valid on the 3hr chart. Important to watch where the 1 day candle closes though...if we can stay in this range for close we can close the 1 day candle as a bullish engulfing candle which could be a very bullish signal also currently on the 1 day chart we are forming a bull flag with an incredibly long pole which if broken to the upside would bee very bullish indeed.. If this 3hr diamond pattern is the most dominant current pattern we will need to still wait for some sort of breakout confirmation tot determine whether or not it will be a diamond top(bearish) or a continuation diamond(bullish). The head and shoulders pattern that was forming on thee 1hr has already had 3 confirmed fakeouts and will likely not come to fruition but I am sill keeping tabs on where is neckline is just in case. Also if we can close 1-3 more daily candles above the neckline of the double bottom we've been watching odds are very good that we will bee triggering its breakout and remember it still has a breakout target of 13.1k which could trigger all sorts of other bullish breakouts as well.