
Technical | Analysis page 351 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
322 Part IV Chart Pattern Analysis the entire prior rise. These figures are only valid for downward breakouts from a top, which occur 67% of the time. Upward breakouts from a diamond top have a very poor performance his- tory and should be avoided. Thus, action should only be taken once the pattern…