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.
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.