EurJpy - H1 - Long trend, short correctionOrange: H1 long fork.
Next move: Short correction and then a long trend.
Medianline
CadJpy - H1 - Long trend, short correction.Red: H4 long fork.
Orange: H1 long fork.
Next move: Short correction and then a long trend.
EurHuf - H4 - Short trend, long correctionBlack: D1 short fork.
Red: H4 short fork.
Next move: Long correction and then a short trend.
LONG Price has moved past 20ma, showing strong momentum. Next important levels to look out for are the weekly high and 100ma. If price can break through these levels it is likely to test 200ma.
HbarUsd - H1 - Long trend, short correctionBlue: D1 short fork.
Orange: H1 long fork.
Most likely movement: Long trend, short correction.
BtcUsd - H1 - Long trend, short correction.Red: H4 long fork.
Orange: H1 long fork.
Most likely movement: Long trend, short correction or larger timeframe correction.
UsdJpy - H1 - Long trend, short correction.lack: D1 long fork.
Red: H4 long fork.
Orange: H1 long fork.
Most likely movement: Long trend, short correction or larger timeframe correction.
CadJpy - H1 - Long trend, short correction.Black: D1 long fork.
Red: H4 long fork.
Orange: H1 long fork.
Most likely movement: Long trend, short correction or larger timeframe correction.
BTC 3D time frame market map. Key points:
- Price has test and retest the lower parallel line (Price typically runs out of energy at the reaction line)
- Price is in a range and needs to decide direction before we can make our trade decision.
- Price is above the 200 moving average for over 60 days.
- Overall on balance of probability, price should go higher from this point but we cannot place any trade as it is in a range and has a 50/50 chance of going either direction.
When we follow our plan we eliminate impulse trading so make sure you design a method to have a peace of mind.
Good luck.
TWT 3D - Bullish price action.Key points:
- Change of behaviour, price has violated the down sloping line with a zoom and retest.
- Price has broken above 200 daily moving average.
- Price in an uptrend, once major swing high is violated we will have a confirmed major swing low.
SOl, revresed at median lineprice reveres at median line with a great precision, and now have created a lower low compared to previous market structure (sign of weakness), we have 2 short setups that can occure, one is aggressive and the other one is alot safer, you can either try test/re-test strategy and get short on the next touch on the energy point for a 1 to 6 R:R or wait for the hagopian line to break and enter on pullback (of course it's reached the ML and cannot be counted as hagopian but in my backtesting i've seen if the trigger line breaks, it can act the same in most cases), then your target would be pivot C which hits most of the times.
feel free to share your ideas, thanks!
ES - S&P 500 - Profit P5 Is CommingWonderful how the Count 0-5 works out.
At P4, price should reach the U-MLH. But instead it turned south, leaving a void up to the U-MLH, which in a Pitchfork-Trader term is a "Hagopian".
The Rule Of Dr. Hagopian: Price will move more in the opposite direction than from where it came.
In this case, price came from the CL (Centerline). And therefore price moves beyond the CL, which it did.
Another beauty how the rules of a Pitchfork-Trader work. It's just great to know that they work with a super high probability. Not everytime, but more than enough to print $ §8-)
OK, now what?
Well, when price went below the CL again, it zoomed through. After a Zoom we expect a pullback. And it did. Another rule that worked out.
After the pullback, price got rejected. And there it lies in front of us, the final target P5.
This P5 of course can be much lower than in this screenshot projects it. However, after price reaches P5, prepare for P0 (zero).
P0 again?
Yep! After a P5 the full Swing/Pivot process has played out, and we start from new, just in the opposite direction. It's kinda printing money like the FED - just without lying and megalomania (also known as delusion).
I hope this makes you curious to trade with Pitchforks. They're just a tool. But when used in the right context of your trading, they will be PLATIN for your profits... and nerves too §8-)
Stay save out there.
#ILoveThesePitchforksLikeSwissCheese
S&P ShortPicture perfect rejection of the 200 moving average adding resistance to the median line of a pitchfork I drew on the recent pivots.
The market profile served as my price for entry and a bearish hourly candle broke through it.
The stochastic RSI in overbought conditions adds extra confluence after the cross
Stop loss is a few pips above the 78.6 level of the Fib I draw from A - B. Take profit at the 50%
AudJpy - M15 - Long trend Black: D1 long fork.
Red: H4 long fork.
Targert:
- If the price holds the magenta fork, price goes red fork median line.
- If the magenta fork breaks, the price goes toward the lower parallel.
EurJpy - Short move Orange:
- H1 short fork
- H1 long fork in the direction of the H4 up trend
Next move is short:
-long fork median after up trend.
-short fork median after down trend.
UsdJpy - Long trend Black: D1 long fork.
Red: H4 long fork.
Purple target: H4 red fork median and upper parallel line.
UsdJpy - Long trend - Short correctionBlack: D1 long fork.
Red: H4 long fork.
Orange: H1 correction fork.
If both long villas fall, the price may turn around.
EurJpy - Short trendBlack: D1 long fork.
Red: H4 side base and H4 speculative long fork.
Orange: H1 short fork is activated.
The movement is towards the bottom of all objects.
HbarUsd - H1 - Short trend - Long correctionD1 blue fork is short.
H1 orange fork is short.
Most likely movement: long correction or short move and long correction.
ABR break of consolidation, buy 1st pullback, Median Line exitABR had been in a range since early November. Price broke the range, tested the ML, and we now look to see if prior resistance holds as support.
There is a tiny red bar back down to support, but has minimal volume. Not much in the way of sellers showing up. The next green bar probes the old resistance area, and holds above it. A break of this bar or the prior low volume red bar provides an entry point, for the first pullback. The next couple of days provide opportunities to get long as price consolidates above the resistance.
Ride the t/p up along the ML, with an opportunity to establish a stop/profit along the way. Out for 3.4RR.
It looks like sellers showing up at the round number 3.00
GbpJpy - Short trend - Long correction - Back to short trendOrange pitchfork - H1 short trend.
Orange channel - H1 long correction.
Blue arrow - Expected movements:
If the hour-orange- supports fall, the short trend continues.
EurJpy - Short trend - Long correction - Back to short trendRed pitchfork - H4 short trend.
Orange pitchfork - H1 long correction.
Blue arrow - Expected movements:
If the hour-orange- supports fall, the short trend continues.
Audjpy -H1 - Short trendRed pitchfork - H4 short trend.
Yellow line - H1-M15 long correction after, short trend again.
Blue arrow - Expected movements.
