The Orange down sloping Fork did it's job very good so far. Even the (yellow) sliding parallels gave us good information how wide the shift is. And we even got some confirmation from the divergence Now VTRS is nagging at the U-MLH. Also nice to see how this stock is stair stepping towards the Center line (orange lines). Is it too late to jump in? In my trading...
In the weekly Chart I expected BTCUSD to climb. The reason was that the most probable path of price was to the upside. But in the Daily TF, the L-MLH (White) is broken. And the Red down-Forks Centerline is also cracked. According to the rules of the Medianlines/Pitchfork it's a sign that price will trade down to the L-MLH. Any potential buy zones? Yes! If...
The Medianline/Pitchfork Tool provides a high probability (~80%) to reach the Centerline from any parallel line. That means, if you can figure out how to buy as low as possible, or short as high as possible, your trade works out ~80% of time. Why would one not use this edge? Ask me questions, I'l answer.
A follower asked to chart JD.com And since it's Sunday and I'm sipping my fresh brewed coffee from my "La Pavoni" Espresso Machine, I have time to help out a buddy in the Trading Space. Here we go: The Monthly (Daily will follow below) Chart is nice and orderly. It has a good Base. And we also see where the last bunch of buyers where from 2019 to 2020. JD had...
Analysis - Black: D1 long forks (median line) - Red: H4 long fork (lower parallel). Previous week's levels. - Orange: H1 long weak fork. Previous day's levels. - Yellow: m15 long fork (median line). - Institutional investors are leaving the market. Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Weak long and neutral base.
Analysis - Black: D1 long fork (between the lower parallel and the upper parallel). - Red: H4 long fork (upper parallel). Pevious week's levels. - Orange: H1 long fork (between the lower and the sliding parallel). Pevious day's levels. - Yellow: m15 long fork (over the lower parallel). Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Short...
Analysis - Black: D1 long fork (between the median line and the upper parallel) - Red: There is no H4 fork. Previous week's levels - Orange: H1 short fork (over the lower parallel). Previous day's levels. - Institutional investors are leaving the market. Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Long correction and short trend. If the...
Analysis - Black: D1 long fork (between the upper parallel and the median line) - Red: There is no H4 fork. Previous week's levels - Orange: H1 short weak fork (over the upper parallel). Previous day's levels. - Institutional investors are leaving the market. Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Long correction and short trend. If...
Analysis - Black: D1 long fork (between the median and the upper parallel) - Red: H4 short strait fork (over the upper parallel). Previous week's levels. - Orange: H1 short fork (over the upper parallel). Previous day's levels. - Institutional investors are leaving the market. Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Long correction,...
Analysis - Black: D1 trend long fork (between the median line and the lower parallel) - Red: H4 short fork (upper parallel). Previous week's levels. - Orange: There is no H1 fork. Previous day's levels. - Institutional investors are leaving the market. Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Long correction, short trend. If the H4...
Nature is beautiful. It's always balancing the underlying energy. That's what we see here. Wheat spurted down too fast. The down-swing can be put in context by the Medianlines. Here, price has reached it's balance again at the CL. What's next? I bet for sideways to short action, until we crack the orange CIB line. Stalking Hat on...
Yes, NVDA is stretched. Price got so pumped with all the AI (fake?) news that it looks now like a Pump & Dump pattern. However, it's not a reason to play Lotto. We better wait for facts. What are the actual facts in the eyes of a TA? a) Pendulum Swings give context b) the daily chart reveals where price has a high potential to turn sour. It's when price is...
Analysis - Black: D1 long forks (median line) - Red: H4 long fork (lower parallel). Previous week's levels. - Orange: There is no H1 fork. Previous day's levels. - Yellow: m15 short fork. Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - If the m15 fork is break it is long. Target is the middle and the bottom of the H4 fork.
Analysis - Black: D1 long fork (between the lower parallel and the upper parallel) - Red: H1 long fork (upper parallel). Pevious week's levels. - Orange: H1 long fork. Pevious day's levels. - Blue: m15 speculative fork. Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Short correction, long trend. If the H1 fork breaks it is short.
Analysis - Black: D1 long fork (over the lower parallel) - Red: H4 long fork (over the lower parallel). Previous week's levels - Orange: H1 short fork (upper parallel). Previous day's levels Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Short correction and long trend. If the H1 fork breaks, it is long.
Analysis - Black: D1 long fork (over the upper parallel) - Red: There is no H4 fork. Previous week's levels - Orange: H1 long fork (over the upper parallel). Previous day's levels Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Short correction and long trend. If the H1 fork falls, it is short.
Analysis - Black: D1 long fork (between the median and the upper parallel) - Red: There is no valid H4 fork yet -red short trendline maybe. Previous week's levels. - Orange: H1 long fork (median line). Previous day's levels. Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Short correction, long trend. If the H1 fork falls, it is short.
Analysis - Black: D1 trend long fork (between the median line and the lower parallel) - Red: H4 long fork (lower parallel) and previous week's levels - Orange: There is no valid H1 fork. Previous day's levels. Next move - Purple: H1 trendlines - Blue: H1 levels to be retested - Short correction, long trend. If the H4 fork falls, it is short