An example of how a modified Schiff Pitchfork, with lines extended, can be used to ascertain trend and various trend levels for the full chart history of BINANCE:HBARUSD
Pitchforks can be extended to detect new bottoms and tops as well:
HBAR presents a good example of how simple market pattern trading using measured moves still work quite well.
As these are moves in crypto, the measured targets exceed recommended lengths for a typical pattern trade, yet still line up quite well in continuing to use the same measurements beyond 1x -> 1.5 or 2x.
First, a parallel channel containing a...
