Get started

Pitchforks

Forecast: Bitcoin x 100, by 2029Bitcoin has now retraced back to the second downsloping channel, marked as “Windfall.” In essence, a Windfall is a wider version of a trend barrier, which I prefer over single trendlines because it gives price more structural context. In my framework, two consecutively broken Windfall barriers originating from the same region form one of the strongest bullish signals . When price later retraces back to the second broken barrier, I view that as a high-quality entry opportunity. We are currently at such a potential entry point. Price has also recently interacted with the orange support line. This line is essentially a modified lower Bollinger Band, set to 50 periods and slightly smoothed, with filtering applied to reduce the impact of extreme outlier moves. According to @EdgeTools, mean reversion after lower-band penetration produced statistically significant results, especially for long trades. See the related idea for more details. Although I use the modified lower Bollinger Band as a supporting signal within the entry framework, I do not use the Bollinger mean as my target. Instead, I am aiming for the center median line of the newly formed pitchfork. Because price history widens over time, pivot B had to be migrated to the left to preserve the proper slope of the median lines. If pivot C is correct, then price should have a statistical probability of around 80% of reaching the next median line. For the target level and maturity duration, I copied the initial impulse leg and projected it from point C. In my experience, price often tends to mimic the slope and flow of the first major action. On a lower timeframe, I also see the possibility of a pullback toward the local trend barrier, which could provide a more refined entry opportunity around 73,100 .
INDEX:BTCUSDLong
by mr.dmizer
1
FINNIFTY (1H)FINNIFTY (1H): Precision Demand Zone Rebound & Optimized Bull Call Spread 📈🎯 Description: "Analyzing the 1-Hour chart of the Nifty Financial Services Index (FINNIFTY), the market has structural convergence near a major demand floor after clearing lower liquidity. To capture this potential reversal while protecting our trading capital from overnight theta decay, we are setting up an optimized premium-hedged layout. Strategy Details & Execution: The Position (Bull Call Spread): Sell: 25,000 PE (In-the-Money base) Buy: 24,150 PE (Out-of-the-Money hedge) Upside Target: Expecting a strong technical rebound to test the immediate horizontal swing resistance around the 25,800+ area. Risk Management (Stop Loss): Capital preservation is mandatory. Consider the setup completely invalid if the price delivers a decisive hourly candle close below the primary swing low level (~24,858). 💡 Why Spread is Key in FINNIFTY: Financial stocks can exhibit sharp volatility spikes. By structuring a 1:1 or managed spread here, we lock in our maximum loss potential, ensuring peace of mind against sharp unexpected market pullbacks. 🔥 Let's dominate the financial index together! If you love this strategic hedging content, please HIT THE LIKE BUTTON and FOLLOW for daily institutional setups! Let me know your premium targets in the comments below."
NSE:CNXFINANCE
by gk_peacockwealth
MESM May 19: Sitting on hands until 7372 or 7454 breaksMESM analysis for Tuesday, May 19 MESM is still trading inside yesterday’s range, and right now price is sitting around 7400. Because of that, this is not the kind of session where I want to be aggressive in the middle of the structure. On the 4H chart, the key downside level I’m watching is 7372, which is yesterday’s low. If price breaks that level, then I think we could see downside continuation. On the upside, the key bullish confirmation level for me is 7454. If we get a 4H candle close above 7454, then I think the trend could continue higher from there. On the 1H chart, the structure remains range-bound between the marked levels, so I’d rather stay patient than force a trade inside the middle of the range. On the 15M chart, the upside liquidity I’m watching is 7476, while the downside target I’m watching is 7362. Once the higher-time-frame range breaks, those 15-minute targets become more relevant. Key levels 7454 = 4H bullish breakout level 7476 = upside liquidity 7372 = yesterday’s low / downside trigger 7362 = downside target So for today, my plan is: Stay patient while price remains in range If price breaks 7372, watch for downside continuation If we get a 4H close above 7454, watch for bullish continuation toward 7476 Not financial advice. No confirmation, no trade. CME_MINI:MESM2026
CME_MINI:MESM2026
by Zhuge1iang
3
XAUUSD (4H) – Bearish Reaction at Median Line ResistancePrice has rallied into the Andrews’ Pitchfork median line (red dashed line), which is acting as dynamic resistance. The current rejection suggests that sellers are defending this level. As long as price remains below the median line and the upper descending trendline, the short-term bias remains bearish. Expected Move: A rejection from this resistance zone may drive price lower toward the lower parallel support around 4,450–4,400.
TVC:GOLDShort
by pridefulPerson11923
2
Comparing Dow Jones Transportation Index (DJT) and SPX (US500)Chart comparing DJT and US500. This comparison assumes both are in similar positions regarding their supercycle structures. DJT has already completed its ((B)) wave with a blow-off top, as DJT tends to be a leading rather than lagging indicator for the larger equity markets. US500 has been very technical since COVID low. I'm looking for it to top around 7451 or perhaps it goes a little bit extra to the median line target.
DJCFD:DJTShort
by discobiscuit