We may witness a fractal move of the daily chart as wave 4 of a potential bearish impulse. A bearish expanded flat (possibly a running flat) is expected with a bearish White Swan harmonic pattern. SL above 23300. Recommended 23350 (see the trendline right up). TP 22400-22700. I also predicted wave 2 would be an Elliott flat, which revealed it was not (it seems...
This Pitchfork's performance in response to BTC's recent price movement suggests that it is a valuable tool for traders and investors. By providing reliable predictions of potential support and resistance levels, Pitchfork can help users make better-informed decisions about when to enter or exit the market, ultimately improving their chances of success....
If the struggling BTC holds on to the support and shows its final flutter, it may form an expanding, possibly running flat as wave 2 of a progressive downward wave. Such a movement may form a Deep Crab harmonic pattern. Just an idea and could be easily invalidated, but if BTC had formed a larger expanded flat on a higher level, it wouldn't be so surprising that...
Andrew Pitchfork on FX:SPX500 Andrew's Pitchfork, also known as the median line tool, is a technical analysis tool used by traders to identify potential levels of support and resistance for an asset's price. It consists of three parallel lines that are drawn based on three consecutive points in the price chart, usually a high, low, and another high (or vice...
Supports and Resistances are as shown. Seems like Rsi Divergence to happen in daily graphic. So maybe we can expect a correction. But in weekly graphic price has more battery to go. Green boxes would be the buyers zone. Would use the pitchfork lines as "take profit" zones
First time using Pitchfork indicators. We are getting closer to s/r level. Price has reached 1.382 fibo level and now reversing back as correction to finally reach 1.618 fibo level. I have pointed in a circle level where I have 4 conformations to enter: 1. s/r level 2. two pitchforks (50 and 30) crosses 3. 0.768 fibo level that was build on bearish impulse...
JBPJPY im looking for short (sell opportunity) reasons: 1. H4 resistance 2.LWT sell side trend broken. 3.equal lows/ LQ down side 4. IB,OB down side
If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Bounce off of an area of interest I had been eyeing for awhile. Now I see 5 Elliott wave waves up, but is it done? 🤔 Seeing some confluence in the yellow box. Here...
If EURUSD breaks this support zone (consisting of Median Line and the minor demand), then there could be shorting opportunities (pullbacks to minor supply zones on lower TFs)
MYEG possible forming a triangle in wave a (green), where It May take few years to build a “base” @ 0.285 +/- before a “new rally “ for ATH.
Hello,Traders! EUR-USD is trading in a Downtrend and broke Out of the bearish wedge So I think it will fall further Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Overall, everything is going along with our predictions. BTC formed a bearish Seahorse , metamorphosing into a bearish Dragon , substantially achieving its target, and then testing one of the parallel channels effective for months. I presented the idea of forming a triple zigzag with a pitchfork, but the chart also seems different. If this 21400 level holds,...
Hey crew, forgive my radio silence here, coding up a storm and generally strapped for time but let's do a quick breakdown on this beauty eh? As I've repeatedly stated, XRP ALWAYS pumps before a dump. Here are some key points : XRP, similar to staked tokens has a massive escrow and when they release tokens, there's usually a distribution pattern shortly...
Still, the price is on the support level, if the support is maintained, there is a high possibility of the continuation of the upward trend
SPX crash?! Whether chatgpt is "reliable" or DAN ( do anything now ) is telling a "lie" by before / after 15 Feb 2023...hmmmm...hmmmm...
Boi oh boi Pretty sure this is it Gonna be 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 Technicals: Pitchforks off major pivots 5 pivots up off the 2019 low Fibs The final bulltrap Lolololol GRI 2022