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Forex strategy Pattern of «Brilliant»

Pattern of «Brilliant» - this is a rare graphical model in the financial markets and the forex market, including (sometimes also referred to as pattern «Diamond»), but its correct identification, it allows the trader to forex enough to earn good money, the structure of patterns as well like clear cutting of precious stones, namely that it is probably so named. Let us today and discuss all the features of trade patterns and the identification of «Brilliant.» This model can be formed on the forex all time intervals, but the longer the interval, the more reliable it actually!

The opening of trading positions to buy:

Trade within the pattern, «Brilliant» is not desirable and not recommended!

Therefore, we will sell it on the breakdown of the trend lines formed by the pattern.

An example of a pattern «Brilliant» or «Diamond» on GBPUSD (H1):

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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