SPY reached a support pitchfork line, if it doesn't bounce back soon, it may fall to the next support line around 370.
If the price stays below the median line, there is a high probability of falling
AMEX:SPY 130m Chart Bear Div + Forks. SPY projected to reach the October lows by early January. Fat_Fat
BINANCE:BTCUSDT BTC 6H Short. Red Mod Schiff 4.236 Fib Extension x Green Mod Schiff Median Line Target: ~ $15.9K Fat_Fat
BINANCE:BTCUSDT COINBASE:BTCUSD 💥Pitchfork Setup💥 If the price stays between the yellow boxes, a long position has a good chance of winning. (Enter in several steps) Don't forget to risk-free your positions. Optimal stop-loss is on the chart. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
As long as the Price concentration is on the middle of pitchfork, it's good to buy at the bottom and sell at the top.
I think spl2 line is strong resistence and ES go down 3-5%. The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices
PA rising and Volume falling, not usually the best mix for a bull run. Elliott Wave count up is debatable. My focus and I think most will accept a probable impulse down. SO some levels of potential clarity I'm watching. 16.8k area, impulse complete 17165, resist and algo land. 17421, Impulse complete/inval I think until one of these breaks, could go either way....
It got a bit exciting in EV for a minute or two and HYLN had a flurry upward, but just to show you in terms of trend really nothing has happened and that shooting star through the green upper median line is bearish, shows another leg down coming. Who know where the bottom is really, I have fib targets but just like train stops the train can just keep on going...
AMEX:XLE Fool me once.... Shame on, Shame on you. Fool me twice... ummm, uhhhh, you can't get fooled again. - W Short XLE Bear Divergence, Divergence against Crude. XLE Targets: Target 1 = $59 ~50% Fib Energy Point. Target 2 = $50.50 ~61.8% Fib Energy Point. Fat_Fat
Continuation sell Look to ride the wave down Diamond top pattern Short until 1.39 Green line last TP
The current pitchfork trend is holding and I'm looking at the US10Y reverse at 3.332% this month. I'm also expecting the fed to over tighten or some other news event to drive the US10Y to 5.376% by June 2023. The nature of pitchforks are able to easily visualize the physics of the market and I'll do my best below to explain what I'm seeing. From a price action...
BINANCE:SHIBUSDT Long Shiba as long as it stays within the sky blue fork. Targets along the way are noted by the 0.618, 1.0, and 1.272 fib extension levels.
crab harmonic pattern: X=$34.5 A=$0.0053 AB=0.61 XA BC=0.38 AB 0.78 BC=$0.78 0.88 BC=$0.96 1.6 BC=$4.43 0.78 XA=$5.28 2 BC=$9.85 0.88 XA=$12.7 2.24 BC=$16.27 2.6 BC=$35.84 1.13 XA=$108 3.6 BC=$290 1.27 XA=$375 4.23 BC=$1053 1.41 XA=$1260 1.6 XA=$7815
FOREXCOM:XAUUSD OANDA:XAUUSD Hello Traders, First take a look at my previous ideas on XAUUSD 💥Pitchfork Setup💥ThreedrivesPattern💥 If the price stays in the yellow box, a short position has a good chance of winning. (You can enter in several steps) The optimal entry point for a short position is mentioned in the chart. Don't forget to risk-free your...
I think we may have a small drop if the support is maintained
If the chart is forming an Elliot impulse wave, and the sharp drop last week was the third wave of it, we will see the fourth wave correction and arrive at the short-term target of 135.0. As detailed in the related idea linked below, I would see an elongated range formation, and it could take years for the yen to recover its original level. Pitchfork. the...