Bearish continuation diamond

1. Introduction

Bearish Continuation Diamond is a pattern consisting of broadening triangles and diminishing triangles. The formation of this pattern is generally due to adjustment after falls in the previous period. The price is likely to break through downward.

2. Feature

2.1 The pattern consists of broadening triangles and diminishing triangles.

2.2 The price range is getting smaller and smaller, and then the direction of breakthrough will manifest.

2.3 The formation of this pattern has experienced a long period of pattern adjustment. When the stock price has recently broken through the trend line formed by connecting the bottoms of the diminishing triangles, it is likely to continue to fall in the future.