The Pitchfork is giving us an idea about important levels (Resistance, Support, Trend) during a downtrend, which occured about a month ago with a heavy price drop. After yesterdays nice climb we might be heading back to are Trend (Median), which acted as a Support/Resistance reversal multiple times.
Position: Short Open: Resistance Area (Purple) Close: Trend Line (Median)
I will update this chart accordingly!
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