keping it simple and real! Thahnks , Bro !
Check out Oil , This is the big story nowadays.
The WTIC West Texas Crude Oil Daily Chart Diamond Continuation Pattern show a diamond pattern after the first leg up in price. Typically, bull flags or pennants will form in this area, the diamond patterns do not occur as often. The diamond signals either a drop off and collapse in price coming, or a second leg launch higher. Typically when diamond patterns occur after long moves up that will be in concert with a pull back, and visa versa, diamonds may signal bottoms after a long move down.

Since the first leg moved 25 ticks, and the second leg begins at 97, thus, 97 + 25 = 122 price target.
Projection would be a move down to 102-103 only to bounce upwards again to target

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