Diamond (bearish) Pattern — what it is and how to read it
Bearish pattern Classic and harmonic chart patterns
The diamond seen at a top: after the widening-then-narrowing swing, a close below the last low = the rally is over.
How to read it
A bearish structure is only a candidate until its trigger breaks down. StockFortuna draws the ▼ marker only on a red candle that closes below the trigger — a description, not a recommendation.
Our backtest: ⚪ Not backtested (added 9 Sep 2026) — information on the chart only; it does not enter the buying system.
BIST 100 stocks where our scan detected it (last 30 trading days, 19 Oct 2026)
No BIST 100 stock formed this pattern in the last 30 trading days — our scan re-checks it every day.
Try it on a live chart →FAQ
- What is the Diamond (bearish) Pattern?
- The diamond seen at a top: after the widening-then-narrowing swing, a close below the last low = the rally is over.
- Is the Diamond (bearish) Pattern bullish or bearish?
- It is a bearish (downside) pattern.
- When is it marked on the chart?
- Only when a red candle closes below the trigger; the ▼ marker describes what the chart did, it is not a recommendation.
- Has it been backtested?
- ⚪ Not backtested (added 9 Sep 2026) — information on the chart only; it does not enter the buying system.
- How can I see the Diamond (bearish) Pattern on a live chart?
- Open StockFortuna → Markets → Chart Studio and pick it from the list; the pattern is detected automatically on real data.
Related
- QM (bullish)
- QM (bearish)
- Bullish Gartley
- Bullish AB=CD
- Double Bottom
- Double Top
- Inverse Head and Shoulders (bullish)
- Head and Shoulders (bearish)
- 1-2-3 Reversal
- Cup and Handle
- Bullish Bat
- Bullish Butterfly
For information and education only — not investment advice.