Bottom Reversal Formations

Here are real live examples of reversal bottom formations

We know that diamond formations are continuation or reversal patterns. Here we gave half a diamond formation.

Observations

1/2 Diamond reversal structure:
Using the RSI or macd along with the formation, we can observe why its a reversal pattern. Note how the formation has a bullish divergence to propel it. Also note how the 13/50 ema cross over supports this reversal pattern.

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Observations

Summary

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