Opportunity to trade outside the line Expecting US Dollar to continue decline this week
Opportunity to short on upper line Target towards median
Price approaching upper line High Probability reversal here Our target towards median line
Modified Pitchfork Price around median line target towards the lower line RSI also shows the high probability of divergence
Price move on uptrend channel High probability to move towards upper line
High probability correction to median line and next target on lower line
Setup is not valid if the price break towards upper line High probability hit median line Next target would be lower line
Expecting of range trading for this week if break below lower line show declining of the dollar
Target price towards median line Next High Probability target at upper line
High probability moving towards median line
High Probability price move towards median line
Price made reversal on median line Target towards lower line
Price made reversal on lower line High Probability price towards median line Next target to upper line
Price made reversal on lower line High probability to median line Next target to upper line
Price made reversal on upper line Target destination to median line if break median next target lower line
Reversal on lower line Target to hit upper line
ANDREW'S PITCHFORK BASIC TRADING GUIDE FOR TRADER by Shah Mohammad - XIG Markets Analyst shah.mohammad@xigmarkets.com Andrew's Pitchfork's Rules Before and during trading always remember: 1. The probability of price movement towards the median line is high. 2. When reaching the median line, the price movements will reverse or exceed the median...
Price moving on uptrend channel High probability hit upper line Confirmation price cross over median line