Crude Diamond Bottom?
Failure rate of diamond reversal is high although moving averages and other technicals do suggest the more likely move is to the upside. Whilst the failure is common when it does hold the swing to the upside is generally very strong.
Disclaimer
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.