Distinguish the double bottom from diamond pattern.

Diamond pattern

The double bottom and diamond pattern.

Distinguish the double bottom from diamond pattern.

Nevertheless there are hardly difference from them, the result are almost infinite value    

It is a Diamond pattern which may be decisively saga or jubilant song for a trader, having a capability of power of discretion between what is a diamond pattern and what is a double bottom pattern

①     Is diamond pattern

②     Is double bottom pattern which is overlapped with Diamond pattern

③     Is typical double pattern for ensuring the information which the bearish Trend has been changed into bullish Trend. reversely we may well say that it is signal for the initializing the bullish phase  

④     Is the volume which has enough signification for the divergence between volume and candle

⑤     Is the previous high point which is sending the signal, reporting that  the bad suppliers is well digested so that the buyers is larger than suppliers