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Pitchforktrading

BTC trend is changing?as we all have seen, there was a price rally very recently which is a great sign, you ask me why? because this rally just broke a very major fork which has been in play for a very long time, currently price is stuck at a very important pivot which is confirmed as the red fork broke and has a pullback to it, so this area can easily push price down a little bit but we know the trend is changed, so we will expect a pullback to the broken fork. this can happen at marked zones this can also lead other assets to the same fate, what for HARMONY and FANTOM as they are my 2 top assets under watch list. have great day, happy trading!
Long
by TheCryptoFork
ES - S&P 500 Retest and Down We GoWith the "cooked" CPI, let us examine the ES Chart. 1. The dotted yellow TL's show the OVERShoot and UNDERShoot, which are perfectly in line with the Medianlines. 2. Price was going up from the Zero to Five Count and broke the confirmed Pivot 4. This leads into a potential new start of the next Downtrend. 3. From the red 1, up to where we are now (2023/01/12), this looks like a perfect market manipulation in line with the CPI. However, with or without CPI, we see where price bangs it's head to day on a intraday view. Right at the U-MLH. We could either get a hard rejection from here, or price even get's pushed up to the yellow sliding parallel. 4. The Stochastic also shows a negative sign since price got pushed up to the U-MLH. If your backtest this Oscillator, then you know that most of the time there's a push in the opposite side before price synchronizes. Or in short: Watch the Rocket Man §8-) Stay save and trade with Brain.
CME_MINI:ES1!Short
by Tr8dingN3rd
📉✌XAUUSD 1H Long Position✌📈FOREXCOM:XAUUSD OANDA:XAUUSD Hello Traders, First take a look at my previous idea on XAUUSD 💥Pitchfork Setup💥 If the price stays in the yellow box, a long position has a good chance of winning. (Enter in several steps) The optimal entry point for a long position is mentioned in the chart. Don't forget to risk-free your positions. Optimal stop-loss is on the chart. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
FOREXCOM:XAUUSDLong
by CrazyS
4
Light Crude to 54.09 by Jan 13th 2023Light Crude has lost a significant level at 78.16 and is reverting to the mean at 54.09 as demonstrated by my pitchfork trends and sigma measurments. Pitchfork Price Action Analysis Light Crude has broke out of the recent uptrend (with red median) and broke away from the (red) mean on Jun 14th 2022 (priced at 123.68). Since then it has started to follow the down trend median with an attempt to break out on Nov 7 2022 (priced at 93.74)but failed to do so. Price is looking for buyers at the 68.15 and if it fails to find them then this trend will revert to the median trend that broke out in Dec 22, 2021. That will take Light Crude to 54.09 by Jan 13th, 2023. Flash Crash Should we continue the trend down I can actually see a flash crash to 40.63 by Feb 28th 2023. This will be the full sigma move and will be an area where I'll look to buy into a reversal.
NYMEX:CL1!Short
by GammaRayGoated
1
Nifty 50 Wave C Prediction (Expanded Flats)Based on my previous Nifty 50 charts this time I tried to explain more with texts and markers on chart. I hope it would help you to understand. This is just my prediction, It could be wrong anytime. After wave A to B retracement which was almost 0.382 from the previous wave (Must mention that SGX Nifty was 17014 that day, exactly where I pointed out) now the wave C could be 1 to 1.414 (Between 17748 to 18031). But I would say wave C must be not more than 17900, The yellow box is the sideways box. Dashed lines are all trend lines. Hope you traders will like it. Thanks for viewing ":-)
NSE:NIFTYLong
by LittleMouseIn
📉✌BTC 2H long Position✌📈BINANCE:BTCUSDT COINBASE:BTCUSD Between NOW and the entry area, you can open a long position in two steps. If the price rises and reaches the risk-free level, you can risk-free the position. TP1-2-3-4-5 are on the chart. The optimum stop-loss is below the determined area. !!! If the bottom of the channel got broken with a strong candle, find a suitable exit position as soon as the price returns to the range of the entry point !!! Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
Long
by CrazyS
4