Short

Pitchfork + Wave Channel 3D

Updated

I discovered The wave channel 3D. It gives good short positions and allow for determining pitchfork 3rd point.
I will add to my short position if we go here.

Note

if you want to follow the pattern the pitchfork must be redrawn again :-)

Note

BTW the Vector Flow Channel was respected

Trade active

Good risk/reward entry point on the monthly chart for bears

snapshot

Trade closed: target reached

:-)

Related publications

Approaching speculative short top position

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.