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Diamond Top Formation
(redirected from Diamond formation)

   Also found in: Wikipedia 0.06 sec.
Diamond Top Formation
A technical analysis reversal pattern that is used to signal the end of an uptrend. This relatively uncommon pattern is found by identifying a period in which the price trend of an asset starts to widen and then starts to narrow. This pattern is called a diamond because of the shape it creates on a chart.

Notes:
Since technical traders use this pattern to predict a reversal of an uptrend, a short position is taken when the price falls below the lower ascending trendline. In general, price targets are usually set to be equal to the entry price minus the distance between the top and the bottom of the pattern.



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Kurin, director of the Smithsonian Center for Folklife and Cultural Heritage, discusses the science behind diamond formation as well as the properties that give the famous stone its unique blue color.
2 jet, which fills the left position in the team's diamond formation.
Bach's third Brandenburg Concerto and sections from the second, first, and sixth concerti, the new ballet opens with eight couples, in diamond formation, bobbing in plie before trios peel away, then coalescing into new shapes (circles, squares, diagonals).
 
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