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IAmSatoshi
Sep 14, 2017 5:12 PM

Large Capture Index Pitchfork 

Bitcoin Liquid IndexBrave New Coin

Description

Publishing this now in case in one wants to follow along.

ML (red) of pf always a mean reversion target of trend.

I've added 1.272 and 1.618 to the pf. These are fib extensions and not necessarily the usual 1.5 or 2 extensions you could use on pitchforks. Reason being fib extensions fit better than the latter.

Comment

broke above this pf
Comments
Springbox
I am wondering if the break of the PF in November '17 could count as a "rogue wave" and if we could see a corresponding trough below the PF as well, or if it completely and permanently has invalidated this PF
MancTradings
I thought I saw a ghost. Thanx for all the knowledge you share.
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