I've been watching this pitchfork evolve since it first began and it has been reacting religiously to its levels, providing clear, concise, and profitable signals.
The signal we are playing here is the bounce off of the median line and the local high ~1.251 which is expected to retrace to ~1.233 the local S/R line that coincides with the lower center pitchfork trend line.
Target after this retrace is back up to the local high.
Entry: 1.233
Target: 1.25
Stop Loss: 1.229
The signal we are playing here is the bounce off of the median line and the local high ~1.251 which is expected to retrace to ~1.233 the local S/R line that coincides with the lower center pitchfork trend line.
Target after this retrace is back up to the local high.
Entry: 1.233
Target: 1.25
Stop Loss: 1.229
Note
Watching this level to take a position, stop loss removed.
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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.