Get started

Pitchforks

BTCUSD is moving exponential and here's the setupBecause BTCUSD couldn't reach the L-MLH of the red fork twice, we have 2 HAGOPIANs cooking. That means, that price will move further in the opposite direction than from where price came. Price came from the Centerline, and that's where the high of the today's Candle peeked through. I expect more upside movement. As for a trade, I want to see price holding above the centerline. From there, PTG1 is the U-MLH and beyond that it's the white Centerline again (...which looks like it's going to the Moon, like XRPUSD). Of course, we seldom can eat the whole Cake. So we manage it and take partial profits on the way up. 🙏😊✨ Thanks for following and boosting folks. 🙏😊✨
BITSTAMP:BTCUSDLong
by Tr8dingN3rd
SOL — High Confluence Buy ZoneFrom 12th–14th August, SOL spiked into the 0.618/0.786 pitchfork resistance zone, where the best short entry presented itself. This rejection also marked the completion of wave 5 of the 5th Elliott Wave, confirming exhaustion in the $205–$210 zone. After this sharp move, an imbalance has formed that typically gets retraced. When price spikes that quickly into resistance, it often gives the entire move back → meaning a return to the origin of the move. As price approaches this region, it becomes the prime zone for long re-entries. 🧩 Confluence Factors: 9 0.618 Retracement of the 5-wave impulse: $176.47 Daily level: $174.84 nPOC: $175.00 0.786 Trend-Based Fib Extension: $175.00 Anchored VWAP: ~$173.30 Sell-Side Liquidity (SSL): ~$173.50 Pitchfork 0.618 support: Aligning with this zone Monthly Open (mOpen): $172.22 (major support) 0.786 Fib Speed Fan: Adding further structural support 🟢 Long Trade Setup Entry Zone: $176.5 – $172 Best Entry: Around $175 (ideal ~ $173, confluence with liquidity + mOpen) Stop-Loss: Below $167 Target: $219.21 (0.618 retracement of full move) Potential Gain: +25% R:R: 1:5+ Technical Insight The 0.786 pitchfork rejection into wave 5 completion marked exhaustion at $205–$210. Fast moves into resistance often retrace back to origin, opening the door for imbalances to be filled. The $176.5–$172 zone clusters multiple technical supports, making it a high-probability long entry. The mOpen at $172.22 and surrounding liquidity pocket stand out as the most ideal entry point. With targets up to $219, the setup offers a strong +25% potential move with excellent risk-to-reward. Key Levels to Watch Support Zone: $176.5 – $172 (ideal entry ~$173) Final Target: $219.21 🔍 Indicators used DriftLine — Pivot Open Zones → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points ➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades. _________________________________ 💬 If you found this helpful, drop a like and comment!
Long
by SiDec
9
NVDA - Watch the show, until the Sh** hits the FanThe expected “end of hype” around Nvidia stems from its current inability to forecast H20 chip sales to China, forced production halts, and growing political friction—despite its strong financial performance elsewhere. The tension between U.S. export policy and China’s technological self-reliance is creating real operational and strategic obstacles for Nvidia. In this weekly chart we still have an upward projection. Nonetheless do we all know what a Game NVDA is playing by selling to its one companies. The air is thin, very thin up there. And after the Earnings Report we all know how the books are pimped. A breach of the CIB line would make me go "hmmm....", and starting to look for a short. Until then, just relax and watch the show.
NASDAQ:NVDA
by Tr8dingN3rd
Bull and bear analysis for BTCUSDBull (green) and bear (red) analysis for BTCUSD. First, the bear case sees an ending diagonal off April low of 74.420.69. I think this is less likely than the bull case because 1) wave ((5)) of the ending diagonal did not throw over the wedge and 2) wave ((2)) and ((4)) are both double-threes and thus violating the rule alternation. However, if correct would see continuing impulse waves down breaking 110555.26 and 98225.01. 117416.73 needs to hold as resistance in this scenario. I think the more likely case is the bull case, with a 1/2 1/2 looking for wave ((3)) towards the 150k area. Price bouncing off .5 fib, high probability area for a wave ((2)), key support at 110555.26; this could break down and set up for a deeper wave ((2)). Break below 98225.01 would violate bullish case. Bulls need to break above 117416.73, 124533, and 136909.74 to support this count.
COINBASE:BTCUSD
by discobiscuit
WMT - Walmart turns southI attached the A-Handle of the fork to the GAP from November 2025, because a GAP is also a Pivot. As we see, price reacts not bad at the Centerline. Price failed to make a new high. Then it broke the Centerline and retested it. No we are trading in the midst of the old accummulation zone where Buyers hung out. A nice bounce would be a good short opportunity. Breaking the support zone also, but with lower Risk/Reward ratio. Observing WMT for a potential short.
NYSE:WMTShort
by Tr8dingN3rd
MSTR Ponzi is paying for my yearly steak & lobster subscriptionWe can see that from the white Centerline, MSTR has only been heading south. In contrast, Bitcoin has held up quite a bit better so far. If you go back through my posts, you’ll see that I’ve been warning for a long time that MSTR is basically feeding itself. That simply can’t end well! Either way – we gratefully take our profit and wait until we reach the lower centerline. Because we know there’s about an 80% chance that the price will fall back into temporary equilibrium, the Centerline And if you’re not too greedy, well then you take 70%–80% of the profits now and let the rest run. Anyone who was able to learn something from this trade or even make profits is welcome to boost and comment. §8-) YT video will be available tomorrow. ...and on we go.
NASDAQ:MSTRShort
by Tr8dingN3rd
The MagnetAndrews' Pitchfork Construction: Pivot 0 (P0): The starting point of the median line. In this chart, it is anchored to the late 2013 cycle top. Pivot 1 (P1): Defines the upper line of the channel. This is anchored to the late 2017 cycle top. Pivot 2 (P2): Defines the lower line of the channel. This is anchored to the late 2018 / early 2019 bear market bottom. Significance and Interpretation: The channel created by these three major cycle points has framed Bitcoin's price action with remarkable accuracy for over a decade. Lower Parallel Line (Support): This line has acted as the definitive macro bottom for bear markets. The price found its ultimate low for the 2022 bear market precisely on this trendline before reversing. Upper Parallel Line (Resistance): This line represents the primary target or "overbought" zone during major bull runs. The 2021 bull market peaked as it approached this line, indicating that the rally was reaching its structural conclusion within this framework. Median Line (The Magnet): This is the most crucial line of the pitchfork. It acts as the centerline of the trend or the "fair value" line. The price constantly reverts to it. It acted as major resistance in 2019 and again throughout 2021-2022 after the initial peak. It acted as major support after the breakout in late 2020. COT (Commitment of Traders) Data Commercials long, traders short. What more can a man ask for in life?
BITSTAMP:BTCUSDLong
by rathernotsay21
Euro dollar rollover at the ML & at resting on the edge of priceThere is plenty more going on via Gann MTF & Annual Forecast but technically on the forks the Euro should head to the new median line with approximately an 80% probability. If we get momentum on the sell off and later the new median line ( Downward Pitchfork ) gets breached decisively via a Zoom Bar/Retest, we may get all the way down to the second target as shown. looking for additional shorts on the lower TF. Cheers
Short
by inflectionpointtrader
GSL - Global Shipping Lease With Exceptional SignalsGlobal Ship Lease (GSL) stands out as a financially solid, deeply undervalued shipping play with improving earnings and favorable macro tailwinds. If the stock breaks out above the Cup-& Handle pattern, it could be an attractive long opportunity. For value-focused traders, the combination of low multiples, strong fundamentals, and technical setups makes GSL hard to ignore. Global Ship Lease has nearly fully chartered its fleet—96% for 2025 and 80% for 2026—giving it strong cash flow visibility amid market turbulence. On to the technical side: From 2022 until now, the stock has traded within a large range of 14.62 – 29.90 and is now facing, for the third time, a breakout from the currently formed cup & handle pattern. In anticipation of today’s breakout on news, I take this as my starting gun to begin building a position. I will be monitoring the stock closely intraday and trading accordingly. Within the fork, we can see the price hitting the 1/4 line and getting slightly sold off. Ideally, we’d see a pullback to the CL or below. In the longer term, provided the fundamentals support the price, I would build larger positions at the LPL (Last Pivot Low). The target for this stock is at least the U-MLH as PTG1 = 50% target at $36, and next the WL1 (PTG2) as the 100% target at around $48. It goes without saying that this trade is not a quickie. Good luck, and thanks for a like!
NYSE:GSLLong
by Tr8dingN3rd
BTCUSD - Right to the point!In the last post (see the Linked Chart), I showed why BTCUSD would fall, and I also pointed out where the first price level for a possible pause might be. On Friday, that level was reached, and the market seems to be turning *on the dot*. Will we now see higher prices again, or even a new all-time high? Let’s take a closer look: The “confluence” point is marked by the white fork and the yellow modified Schiff fork. This point lies exactly on the 1/4 line. And this line often indicates temporary levels where at least a pause in the movement can be expected. When we look at what Bitcoin did at this price level in mid-June, it seems likely that it will rise again. The overall pattern, from the centerline to the 1/4 line, looks extremely similar (see the A-B-C Wave Pattern)! And yet, I’m not entirely convinced by the picture. Because this was the second time we reached the centerline. For the brave, this wouldn’t be a bad entry point—or an opportunity to increase the position after this pullback. A possible stop for traders could be placed just below the current low, with targets at the centerline of course. But why not just lean back, enjoy the profits, and switch into observation mode for now… I will also make a video that explains the details and connections more clearly. Happy Monday and stay patient to fight the FOMO! §8-)
BITSTAMP:BTCUSDLong
by Tr8dingN3rd
EOY based on yesterday's earnings and the flywheel effect# Alphabet's Accelerating Flywheel: Q2 2025 Earnings Validate the Strategy technicals grounded in an anchored pitchfork hinged on the pre-covid levels (covid bottom just makes the path too aggressive for EOY) and fib retracements of the 2022 bear market decline. General and simple targets since moving averages aren't providing much clarity. Single stock analysis is even more voodoo than large sector indexes, so I'll focus on fundamentals instead: ## The Flywheel In Action: Q2 2025 Results Alphabet's blowout Q2 2025 earnings provide concrete evidence that their integrated AI flywheel is already spinning faster. **Revenue grew 14% to $96.4 billion, crushing expectations**, while the company raised its 2025 capital expenditures from $75 billion to **$85 billion**—a bold investment that initially spooked some investors but actually signals the flywheel's acceleration. ### Why the $85 Billion Capex Increase is Strategic Genius The additional $10 billion isn't just spending—it's **strategic reinvestment in the flywheel's core components**: **Infrastructure Dominance:** Google Cloud revenue surged 32% to $13.6 billion, now approaching a $50+ billion annual run rate. The capex increase funds the massive data centers and TPU clusters needed to serve exploding AI demand. **Competitive Validation:** Even OpenAI, Google's biggest AI rival, is now renting Google's TPU chips to power ChatGPT—choosing Google's proprietary hardware over Nvidia GPUs for cost-effective inference. This partnership alone validates the integrated hardware-software advantage. **Market Leadership:** With AI Overviews reaching 2+ billion users (up from 1.5B last quarter) and Gemini hitting 450+ million users, Google is proving it can deploy AI at unprecedented scale while generating immediate revenue. ## The Core Flywheel System **The Engine:** World-class AI research (DeepMind, Google AI) creating increasingly capable models that serve as tools for invention, not just products. Gemini's rapid user growth proves the models are competitive. **The Fuel:** Search and YouTube revenue provides patient capital for long-term moonshots, while diverse data from billions of users continuously improves AI models. Q2's strong advertising performance ($64B+) funds the entire system. **Custom Hardware Advantage:** Proprietary TPUs optimized for their AI software create faster, more efficient training and inference than competitors using general-purpose chips. OpenAI's adoption proves TPUs offer superior cost-performance. **The Multiplier:** Quantum computing research that could eventually solve problems impossible for classical computers, creating step-change advantages in materials science and optimization. ## AI Integration Across the Ecosystem: The Ultimate Moat Alphabet's true competitive advantage lies in **embedding AI across their existing billion-user platforms**, creating compound defensibility: **Search Dominance:** AI Overviews now appear in 2+ billion monthly searches across 200+ countries, fundamentally changing how users interact with information while maintaining Google's search monopoly. Users increasingly expect AI-powered results, making switching costs even higher. **Productivity Lock-in:** Gmail's Smart Compose, Google Docs' AI writing assistance, and Sheets' intelligent data analysis create sticky enterprise and consumer habits. Once teams adopt AI-enhanced workflows in Google Workspace, migration becomes exponentially more difficult. **Developer Ecosystem:** Google's coding tools (Colab, Android Studio) now feature AI pair programming, while languages like Go and Dart benefit from AI-optimized development. This creates a generation of developers trained on Google's AI tools. **Educational Moat:** Chromebooks in schools now include AI tutoring and personalized learning, creating habits among students who will become tomorrow's decision-makers. Google for Education's AI features make alternative platforms seem primitive. **Entertainment Integration:** YouTube's AI-powered recommendations, creator tools, and content moderation have become so sophisticated that creators and viewers alike can't imagine the platform without them. This strengthens YouTube's dominance over TikTok and other competitors. **Mobile and Browser Dominance:** Android and Chrome's AI features (Smart Reply, intelligent autofill, predictive text) create seamless experiences that competitors struggle to match without Google's data advantages. ## Near-Term Flywheel Accelerators **Physical AI & Robotics:** Moving from digital-only AI to robots that can perceive and manipulate the physical world. Waymo has now driven 100+ million autonomous miles, generating unique physical-world training data. **AI Biology:** DeepMind's protein folding breakthroughs and Isomorphic Labs' drug discovery pipeline could create massive pharmaceutical revenues while advancing the core AI engine. **AI Materials Science:** Already discovering thousands of new materials that could dramatically improve batteries, semiconductors, and other hardware across all ventures—feeding back into better TPUs and infrastructure. ## The Compounding Network Effects **Data Flywheel:** More users → More training data → Better AI models → Better products → More users. AI Overviews now drive 10%+ more queries for the types of searches that show them. **Revenue Flywheel:** AI success → Higher cloud/advertising revenue → More R&D investment → Better AI → Market expansion. Google Cloud's 32% growth funds continued AI leadership. **Talent Flywheel:** Best AI infrastructure → Attracts top researchers → Better models → More ambitious projects → Attracts even better talent. The recent $2.4B Windsurf acquisition shows Alphabet winning the talent war. **Infrastructure Flywheel:** More AI demand → Larger TPU deployments → Better hardware optimization → Lower costs → More competitive offerings → More demand. **Ecosystem Lock-in:** AI features across Gmail, Docs, YouTube, Search, and Android create switching costs that compound across products. Users don't just leave Google Search—they'd have to abandon their entire digital workflow. ## The Strategic Moat Widens While competitors excel in individual areas, Alphabet's advantage comes from **deep integration creating compound effects**: - **Capital Moat:** The $85B capex commitment (13% increase from 2024) exceeds most competitors' total revenues - **Integration Moat:** OpenAI using Google TPUs despite being competitors proves the hardware-software integration is unmatched - **Scale Moat:** 2+ billion AI Overview users and $50B+ cloud run rate create network effects competitors can't replicate - **Ecosystem Moat:** AI embedded across Search, Gmail, YouTube, Android, Chrome, and Workspace creates compounding switching costs - **Innovation Velocity:** Time from AI research to deployed products at billion-user scale continues compressing ## The Key Insight The Q2 earnings reveal that Alphabet isn't just building an AI company—**they're building the infrastructure that accelerates invention itself**. Each breakthrough feeds back into the system: new discoveries generate revenue that funds more research, create better tools for the next breakthrough, and attract top talent. More importantly, they're embedding AI so deeply into users' daily workflows—from Gmail to YouTube to Search—that switching becomes not just inconvenient but practically impossible. When your email, documents, entertainment, and information all work seamlessly together through AI, why would you ever leave? The $85 billion capex increase signals management's confidence that they're approaching "escape velocity"—where their innovation rate becomes impossible for competitors to match. While others debate AI spending, Alphabet is already demonstrating profitable AI deployment at unprecedented scale while simultaneously investing in the next acceleration phase. **The Bottom Line:** Alphabet's integrated flywheel of AI research, proprietary hardware, massive data, and patient capital is creating an innovation velocity that competitors are finding increasingly difficult to match. But their true moat is embedding AI so deeply into billions of users' daily habits that the entire Google ecosystem becomes indispensable—and the Q2 results prove this strategy is already working.
NASDAQ:GOOGLong
by rathernotsay21
1
80% Of Time - A Trading Edge You Don't Want To MissDo you want to know why trading with median lines, also known as pitchforks, can be so successful? It’s simple: Prices swing from one extreme back to the middle. From the middle, they often swing to the other extreme. What do we see on the chart? - The upper extreme - The center - The lower extreme So far, so good. Now let’s follow the price and learn a few important rules that belong to the rulebook of median lines/pitchforks, and with which you can make great trades. Point 1 The price starts and is sold off down to… Point 2 ...and from there starts to rise again, up to… Point 3 ...which is the center. And here we have a rule that is very important and one that you need to be aware of in trading to be successful: THE PRICE RETURNS TO THE CENTER IN ABOUT 80% OF ALL CASES If we know this, then we can stay in a trade with confidence. Point 4 The price climbed even higher but missed the upper extreme. This is the “Hagopian Rule” (named after the man who discovered it). And the rule goes: If the price does not reach the next line (upper extreme, lower extreme, or center), then the price will continue moving in the opposite direction from where it originally came. Phew...that’s a mouthful ;-) But yes, we actually see that the price does exactly this. From point 4, where the price missed the upper extreme, the price not only goes back to the center but continues and almost reaches the lower extreme! Now if that isn’t cool, I don’t know what is! And what do we have at point 5? A "HAGOPIAN"! What did we just learn? The price should go higher than the center line. Does it do that? Oh yes! But wait! Not only does the Hagopian Rule apply. Remember? "The price returns to the center line in about 80% of the cases." HA! Interesting or interesting? So, that’s it. That’s enough for now. Now follow the price yourself and always consider which rule applies and whether it’s being followed. How exactly do you trade all this, and what are the setups? ...one step at a time. Don’t miss the next lesson and follow me here on TradingView. Wishing you lots of success and fun!
COINBASE:BONKUSDEducation
by Tr8dingN3rd
7