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Hagopian

PCDR - FiftyFifty. How to deal with this,As we see, price is sitting right at the CL. But what does this even mean, if price is at the Center line? It is, that price has found it's balance. Anything can happen from here. Chances for Long or Short are 50% in general. Any other hints from the Chart? Yes! Price jumped above the CL. Then it bounced back two times. In between jump 1 and 2, price got hit on the head at the 1/4 line of the white Fork and fell out of the most probable path of price - it's what Pitchforks project (not predict). But wait, there's more! We have a Hagopian. Price was not able to reach the U-MLH. And our rules dictate that price will move in the opposite direction more than from where it came...from the Center line. Ahaaaa... ...so could it be that price will, at least, pierce the CL? Absolutely! So no hurries to jump in too early. Stay tuned and observe this stock! Thanks for any support guys & gals. §8-)
NYSE:PCORLong
by Tr8dingN3rd
SOL, at major levelhey guys today i'm here with a sol analysis that just came to my eyes, the schiff fork could not hold the trend very well and that's fine since it will now indicate a broken hagopian line that can lead price to marked levels, this is still not confirmed since we are at pullback level of a broken support zone which is now resistance and it's just the first touch, BUT if it breaks the targets are not out of range and can be easily reached, keep an eye on solona :) have great time trading!
Long
by AmirRX
ETH - long ideaPrevious strategy worked fine and we closed the trade with profit, now we have another strategy for steep markets. it's more simple but it again uses hagopian's rule as the main idea of it when you see a Drop base Drop or a Rally base Ralley structure, you can use the start point ot the move as A point, the first low as the B point and the highest high as the C point, then if the fork failed and the hagopian's line is broken, you can trade to pivot C and even A if you can manage your position. here we still wating for the break of the hagopian's line which is the sloped green line, it's a scalping trade so make sure your stop is tight and below a valid market structure, we mostly likley want to enter on a pullback to hagopian's line and not just breakout since the timeframe bares a lot of false breakouts (like one we saw in the last analysis). The pink line is a key swing high and a flipped resistant zone ( which is support now ) which if breaks we can expect the price to fall even more. i'll keep you posted, ask me any question you have or any pair you wish me to look at thanks for your attention
Long
by AmirRX
ETH - Possible Short Term tradewhat you can see here is a double fork hagopian triangle strategy (or at least what i call it), it aims to use a triangle lines as hagopian lines and use the failing fork to identify the failing side and trade in that direction, i usually find it to go at least 80% of the profit bar (which is nothing special but the triangle height). if you don't know what hagopian is, it's a failed fork when the hagopian line ( or the trigger line or the basic trend line ) breaks, you can trade to the C or A pivot based on your risk, when combined with triangle , you basically have a confluence on your forks and a group of chart pattern traders on your side which makes the trade more probable. Hopes this helps you make a good trade thanks for your attention
by AmirRX
4
ADA - Longterm food for thoughtCrypto drops like the one today can look devastating on the lower timeframes, but if you take a breather, step back, zoom out and look at higher timeframes like the weekly, you’ll soon see the bigger picture. ADA is still well above its Bollinger Bands Middle Band Basis 20 Period SMA on the weekly chart. ADA is still well above its 50EMA on the weekly chart. ADA is still well above its Pitchfork Hagopian Line on the weekly chart. While ADA is below its 2nd Pitchfork Median Line, notice that ADA is still well above its 1st Pitchfork Median Line. Notice how the Bollinger Bands Lower Band has risen up indicating decreased volatility on this weekly chart. As you can see, ADA is still in a longterm uptrend, scan back on this chart and see what happens when the Bollinger Bands Lower Bands move up after a period of strong upwards volatility…… there will possibly be sideways ranging…… then another period of increased volatility and looking at the ADA chart it’ll more likely be upwards. ADA is still in a longterm uptrend, and that will not change until ADA drops and closes below $0.63 which is below the 1st Pitchfork Median Line and the Pitchfork Hagopian Line. Periods of sideways ranging and drops are good fro the market and entice new buyers to buy ADA at a cheaper price. Yes there will be more drops and sadly BTC still controls the market direction but if there is one crypto that has shown true individual strength & said “meh” to the Bitcoin crypto market manipulation drops and recovered quickly, it is ADA. You can check my older post when ADA was below $1, i posted many time saying “accumulate more ADA before ADA gets to $1”, now i’m saying “accumulate more before ADA gets to $10”. If you're longterm, then any drops with ADA should be used to accu…………… well, you know what to do. I hope this is helpful with your trading and hodl-ing.
BINANCE:ADAUSDLong
by entertheroach
5
Bitcoin - Wherefore art thouFor my 100 TradingView post, i though i'd do a nice in-depth Technical Analysis about what BTC needs to do using the various TA tools i use, so i hope you all find this helpful and informative: If we look at the descending Pitchfork (A,B,C), BTC has found strong resistance at the Pitchfork Median Line. BTC 110% needs to CLOSE a daily candle above this level and turn it into strong support. BTC is still below its 200EMA. BTC 110% needs to CLOSE a daily candle above this level and turn it into strong support. BTC is in the Bearish Zone of the Ichimoku Cloud. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is sideways with a slope downwards. Note that the Lagging Span (Chikou Span) has risen and is near the Leading Span B (Senkou Span B) cloud resistance. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating mid-term momentum is sideways at the moment. Note that the Price is under both the Ichimoku Cloud Conversion Line (Tenakn Sen) and the Base Line (Kijun Sen) indicator levels. Note that the Base Line (Kijun Sen) is on top of the Conversion Line (Tenakn Sen). BTC 110% needs to CLOSE a daily candle above both these level and turn both into strong support. We also need the Conversion Line (Tenakn Sen) to cross back above the Base Line (Kijun Sen) Note that we have had a Kumo (Cloud) Twist where the Leading Span A (Senkou Span A) & Leading Span B (Senkou Span B) have reversed top and bottom turning the cloud red indicating bearish confirmation. Note that volume has been getting lower over the last 4 days and the volume is below its Volume 20 Period MA. The Average Directional Index/Directional Movement System (ADX DI) is indicating a strong trend with the ADX (Yellow Line) at 51.13 above its 9 Period EMA (White Line) at 44.32. The -DI (Red Line) is at 30.04 still above its +DI (Green Line) which is at 6.51. Note that the -DI (Red Line) has dropped and is pointing downwards and the +DI (Green Line) has risen but is now pointing slightly downwards. This indicates that Negative momentum has dropped but positive momentum is still weak. The Chaikin Money Flow (CMF) is indicating BTC is still in the Accumulation Zone of with the CMF Line (Green Line) at 0.01. BTC needs to stay in the accumulation zone if any attempt is to be made at crossing the Pitchfork Median Line. If you are waiting for a real 110% confirmation of a Daily Chart reversal to the uptrend then you would need to wait for BTC to close a daily candle above the Ichimoku Cloud Leading Span A (Senkou Span A) cloud resistance and also back above the Pitchfork Hagopian Line tuning these levels into strong support. This would mean however that you would lose any potential rise & profits so another way of confirmation is to split your sum amount for one trade & place it in stages to place a number of trades: Stage 1 would be closing a daily candle strongly above the Pitchfork Median Line. Stage 2 would be closing a daily candle strongly above the 200EMA. Stage 3 would be closing a daily candle strongly above the Conversion Line (Tenkan Sen). Stage 4 would be closing a daily candle strongly above the Leading Span B (Senkou Span B). Stage 5 would be closing a daily candle strongly above the Base Line (Kijun Sen). Stage 6 would be closing a daily candle strongly above the Leading Span A (Senkou Span A). Stage 7 would be closing a daily candle strongly above the Pitchfork Hagopian Line. I hope analysis and 'various stages' idea is helpful with your Trading & Hodl-ing. CMF ADX DI
BITSTAMP:BTCUSD
by entertheroach
4
ADA - Longterm OutlookA lot a traders & hodl-ers start to panic when the crypto asset they’re investing in stalls or dips for a few days or weeks, these same traders & hodl-ers fail to look at the bigger picture………. that ADA is still in a LONGTERM UPTREND. Let’s look at this ADA daily chart which is more simpler than i normally post, to enable us to look at the LONGTERM OUTLOOK. I will try and keep this succinct so hopefully everyone can easily understand it. FYI, I haven’t extended or added the extra resistance and support lines on the 2nd Pitchfork Pattern because i wanted to keep it neat & less messy. On this daily chart, you can clearly see how far ADA has come, especially since March 2020. You would’ve got about ~9000% profit if you bought at the bottom in March 2020, held strong, and took profit at the top in March 2021. Power of hindsight can be painful, especially for those BTC maxis who didn’t diversify, because BTC has only done about ~1500% since March 2020 - March 2021. ~1500% is not to be sniffed at, but it’s not even close to ADA’s level. As you can see, ADA is above its 1st Pitchfork Median Line. FYI, that line, is going upwards. ADA has however, dropped below its 2nd Pitchfork Median Line. At the time of typing this, ADA had found support at the upper Yellow Support Line from the 1st Longterm Pitchfork but it has just dropped below it, so hopefully we can close this daily candle back above it. ADA is a really good distance away from its 1st Pitchfork Median Line and even further away from its 1st Pitchfork Hagopian Line. I really we do not want to cross back under the 1st Pitchfork Pattern Median Line. ADA is also a good distance away from its 2nd Pitchfork Hagopian line which we certainly do not want to cross back under. I have added an RSI to this chart, so we can see what the momentum is like. If you look at the RSI on this daily chart, you can clearly see that ADA is NOT overbought and NOT oversold. So what does this chart tell us??? It tells us that ADA is in a longterm uptrend…… Now. Contrary to popular belief, an uptrend doesn’t mean that the asset continues going up 24/7 365 days year. No! In a LONGTERM UPTREND, there are periods of PROFIT TAKING, CONSOLIDATION, the asset being OVERBOUGHT & OVEREXTENDED ‘which ADA is neither’ and also… just traders focusing their money on other crypto assets for a while…. It happens. Looking at this longterm chart, even if ‘hypothetically speaking’ ADA dropped to its 1st Pitchfork Median Line, so long as it closed a daily candle back above it, it would still be considered a LONGTERM UPTREND. And even then, it would need to cross under and stay below its 2nd Pitchfork Hagopian Line which i seriously doubt it’ll do. For me, for the longterm, ADA is looking fantastic and any dip should be used to accumulate more before the next rise. I hope you have found this is helpful for your trading & hold-ing. 🙏
BINANCE:ADAUSDLong
by entertheroach
3
VET - Lets have a look at the 3 dayI saw an earlier chart post that stated VeChain my dip. So let’s do my own take on it & look at the 3 Day Chart…….. because i quite like the look of it. VET is still well within the Bullish Zone of the Ichimoku cloud. It is still above its The Conversion Line (Tenkan Sen), Base Line (Kijun Sen), 50EMA, 100EMA and 200EMA levels. The RSI is showing that momentum is downwards at the moment & the ADX DI SMA is showing that VET is still in a longterm uptrend because the ADX (Yellow Line) is at 44.4, the +DI (Green Line) is at 17.9 above the -DI (Red Line) which is at 7.6, but note that the ADX is slightly under its 10 Period SMA (White Line) which is at 42.8. The Ichimoku Cloud Conversion Line (Tenkan Sen) & Base Line (Kijun Sen) are both moving parallel sideways indicating we may be seeing some consolidation. Around the same level as the Conversion Line (Tenkan Sen) is also where the Bollinger Band Middle Band Basis, so that is an area to keep an eye on as you would always want the 3 day candle to close above that Middle Band Basis. VET has bounced off the Pitchfork Median Line twice in a row this timeframe, indicting strong support at that level. At the moment of typing this, VET is under its Ichimoku Cloud on the 1hr, but still above it on the 2hr so its best practice to keep an eye on the other timeframes to check that there is not a cascading downwards effect happening on the timeframes. If VET does break down through its Pitchfork Median Line then it may find strong support from its Conversion Line (Tenkan Sen) because it has bounced off that level twice previously. If VET does drop further, then the most i think it would drop is a Wick down towards the 50EMA on the 3 day but it wouldn't stay there. If you follow the ways of the Ichimoku Cloud like i do, you can see that the Lagging Span (Chikou Span) on the 3 day is still well above the Previous Price from 30 Periods ago. VET is also quite a distance away from its Hagopian Line so there is no fear of VET crossing that any time soon. I still believe that VET is completely undervalued & is a sleeping giant that once woken will melt faces & any dip should be used as a chance to accumulate more at a cheaper price. From my point of view, unless VET closes below its Pitchfork Median Line on the 1,2 & 3 day charts, then i’m still longterm bullish. I hope this is helpful.
BINANCE:VETUSDLong
by entertheroach
6
ADA - Well... You said you wanted to it buy lowerAt the moment of typing this, if we look at the ADA 1hr chart, ADA has corrected back a bit & has found support at its Ichimoku Cloud Base Line (Kijun Sen), slightly under that level is its 50EMA. ADA has wicked below the 50EMA twice over the last 6hrs but we have closed above it indicating this is our key level of support for this timeframe. The RSI is at 48 and indicating sideways momentum. The ADX DI SMA is showing that the trend has slowed because the ADX (Yellow Line) is at 28.3 but has cross back under its 10 Period SMA (white Line) which is at 46.2. The +DI (Green Line) is at 16.6 and the -DI (Red Line) is at 17.1 indicating we could easily see the +DI reverse & cross back over the -DI. On the 1hr chart, ADA has two Hagopian Lines which ADA needs to stay above for a continued uptrend. I haven’t added it onto this chart because it would’ve been too messy but near where the Conversion Line (Tenkan Sen) is, that is also where our Bollinger Bands Middle Band is located, so our first port of call is to close a candle above the Conversion Line (Tenkan Sen) and turn that into support. So long as ADA stays above its 50EMA and doesn't close below either of the 2 Hagopian Lines on the 1hr chart, all will be well. We shouldn’t panic when there is a dip. A correction back should be expected after such a large rise over the last couple of days. All those people who were crying yesterday saying “i wanna buy it lower” well….. nows your chance. I hope this is helpful.
BINANCE:ADAUSDLong
by entertheroach
5
A Reason For Massive BullishnessMost of my charts have been bearish on cryptos, I've been expecting a correction to $7k or so before a run back to the teens. However this pitchfork on the total marketcap of all cryptos shows that we are hugging a long term support trend line. The two usual targets on the pitchfork are the median line and the hagopian line. If it turns out to be bullish then the median line would explode the crypto market cap. However if it slides off the side of the support line then it will head toward the hagopian. I actually think that's still bullish in the long term because it allows for building a stronger base to push for higher prices. BTW on this pitchfork I did not use the very bottom of the wick on the left side of the chart because that was due to a pricing bug in one of the markets. The body of the candle is more accurate.
CRYPTOCAP:TOTAL
by mljones
2
GBP/JPY - Hagopian signal triggered for a rally above 153.41GBP/JPY just triggered a Hagopian signal, which calls for a rally to above 153.41. I'm sure you are thinking, what is a "Hagopian" signal? A Hagopian signal is triggered, when price doesn't trade to the pitchfork mid-line as it should do 80% of the time according to Dr. Andrew's. This failure is a warning that the decline (in this case) is weak and a opposite price reaction is developing and it will take price above the latest top, which in this case is seen at 153.41. The trigger for the Hagopian signal, in this case, is when the pitchfork resistance-line is broken, with confirmation, when the resistance at 151.76 is taken out too. How to trade this Hagopian signal? Buying GBP ag. JPY with the break above 151.76 and placing stop just below support at 151.16 say at 151.05 should be a low risk potentially high reward trade. The first target to look for is the 153.41 high and above here, will call for a rally to 155.40 as the next minor upside target. If you want to know more about the Hagopian signal, you can read about it here: technical.traders.com
Education
by EWS
ES - Double HagopianWatch how price reacted at the Fork-Lines. First price could not break down to the CL, after reaching the U-MLH. This is called a "Hagopian". This means, price will go further in the direction from where it came. And so did the Market: Price was running up, above the U-MLH and towards the Warning Line. But there again, price failed to reach the WL and that was another Hagopian, which means, price runs down more from where it came... Now watch where price ran to... ...and don't miss out my Free ForkTrading BLUEPRINT on my website. See Footer below. P!
CME_MINI:ES1!
by Tr8dingN3rd
IBKR. Long Interactive BrokersHaven´t checked a single line of company´s reports or any related news. I´m just trying to find a new broker and checking the charts one by one to see if the market will or not dump the shares. I found IBKR may be a good buy as it bounced of the Hagopian Line and has been flat for several weeks now, underperforming the market. Notice also the price broke former, 2008, All-Time-High at 35.93 and has been consolidating above it since November 2016. Will long on opening, targeting 56 per share. Another possible long entries are: 35 which is a weekly pivot and a strong support level or 40, on a confirmed range breakout. My SL will be set below last year minimum at 29.50
NASDAQ:IBKRLong
by captain_smollett
2
TWTR. Buy Twitter shares but at a right priceI stopped following Twitter at some point of time but I´ve been curious on, after all the news bombardement and price movement we had in 2016, what price we may expect in 2017? I found a very interesting setup: on first place, we have an ascending fork (labeled green) where the Median Line hasn´t been reached. Therefore, as per Hagopian´s rule, the price should go as low as the Hagopian Line which connects two extreme minimums of the Fork in question. This would give a retracement to 13.30 area. Then I built another Fork (labeled blue) and found my target price area of 13.30 is very close from the bottom line of this fork. Finally, I tried to see if there were any harmonic patterns and spotted a potential Cypher pattern, which lower extension coincides with 1.414 Fibo level and the bottom of the fork labeled Blue, very close to the Hagopian line. As a conclusion, my trading setup is: Long Twitter shares at 13.30, with a SL placed at 10.35 and targeting the completion of a Cypher pattern at 22.20. If shares go to 12 and 11 area, I expect to be able to add longs gradually at new historical minimums.
NYSE:TWTRLong
by captain_smollett
USDCAD AnalysisThe Shark I talked about is definitely finished right now. The TL at the bottom seems not to hold. On the daily chart, there are several possible patterns to note (sorry about the messy chart), the ratios are pretty nice 1. AB=CD TP 1.25380 2. Bat TP 1.25436 (pretty tight with AB=CD pattern, so there should be a strong PRZ around 1.2540) 3. Alt Bat TP 1.23662 4. Crab TP 1.20112 Currently it's testing the hagopian line. If this line is broken on a daily basis, I would short and take profit at 1.2540 Let's see what's going to happen
Short
by DaQuant
1