FX:EURUSD   Euro / U.S. Dollar
199 3 1
I am doing this chart as a study of pitchforks rather than an actual trade. I have drawn two forks. Also drawn is a clone of fork A's lower MLH to center ML and a line connecting two recent major lower pivots . Price appears to be headed to a confluence of fork B's center ML , cloned lower MLH and trend line . This is the next area of potential support/ buyers.
What are the anchor points for the line connecting the two recent major low pivots (upward yellow line from what I see)? They don't appear to be the tips of the candle.
Hello Kapital, Great observation! I debated over these points for some time. I will often use line charts to help construct these charts. Sometimes an average is better than pure candle stick points. The first point is taken right at the tip of this line chart. The second one I debated for some time. In the end, I settled for the middle of the tip of this second pivot. Here are a couple of charts behind the choices. Thank you for the question.
GC_ kapital
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out