【In-depth Interpretation of K-line Patterns】Special Patterns

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1️⃣ Diamond Pattern

🌟Description: The diamond is the most unique because it can be both a reversal pattern and a continuation pattern, consisting of a widening triangle and a symmetrical triangle, resembling a diamond shape.

🌟Target Price: Measure the distance from the widest part of the diamond, and after the breakout, move that distance in the direction of the breakout.

2️⃣ Cup and Handle Pattern:

Pattern Structure: The entire pattern looks like a teacup with a handle, hence the name "Cup and Handle Pattern"

🌟Cup Body: The "cup" part of the cup and handle pattern usually resembles a rounded bottom. The price first undergoes a period of decline, then slowly rises, forming a structure similar to a "U" shape.

🌟Handle: When the price returns near the high point on the left side of the cup body, a small sideways movement or pullback usually occurs, forming the "handle" part. The pullback of the handle is usually shallow and does not break below the bottom support of the cup body.