As long as price follows my pitchfork, these are my projections.
A quick video on how to use the Andrew's pitchfork to make a quick analysis of future price behaviour and target profits.
Previously, I projected that price will drop. Let's see if the downsloping mini-pitchfork (shaded green) defines the new trajectory path for the price over the next few day or weeks. For now, this mini-me (pitchfork) seems to be in control. As long as price is trapped by this fella, price will be head towards target 1 which is the median line of the major...
Looking at the past crash, we can observe the same degree of force between the two bearish candles.
Using the extension of the Lower Median Line Parallel of a Reverse Andrew's Pitchfork to spot the beginning of a trend reversal after a long rally
Price has move up to the upper channel of the pitchfork. Wait for price to retrace back to the confluence area in turquoise triangle.
See detailed description embedded.