Andrew's Pitchfork
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.
FCPO ke SelatanAdakha FCPO akan meneruskan perjalanan ke selatan? Kita nantikan sekiranya FCPO tidah breakout upper paraller Andrew Pitchfork.
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.
#babydogecoin USDTdaily logarithmic time-frame:
2 signs of down-trend we have: failed to reach the pitchfork's middle line and a strong resistance area.
go for short with the SL and TP shown.
Price Action Based AnalysisThe probability of a return to the Middle line is high. This analysis is based on Price Action. I hope it is useful
Andrews pitchforkAccording to last COT reports ;
Non Commercials have added 5288 contracts to long positions and reduced 2271 of short ones in EBRO,
as of YEN, they have reduced long positions 18.452 contracts and added to short ones 6811 contracts.
In the result , EURO is getting more stronger against YEN.
In the technical dimension;
Price has broken 130.200 local support zone and is making his retracement around 0.38 Fibo level nowadays.
I am expecting a retracement between 0.5 level and 0.681 Fibo level for opening a long position with a higher risk reward ratio.
BTCUSD - BitCoin USD Sine WaveBitcoin Short Idea
Most centers or pause-low of Sine Waves will be broken, before price turns in the opposite direction again.
The Big Picture alltough is a huge H&S formation that could form with a false Break of the H&S Base, where price gets rejected, after reaching the Centerline of the Pitchfork.
If this scenario plays out, we would have a huge downside potential, reaching the Lower-Medianline Parallel of the Pitchfork.
EGLDUSDT andrews pitchforkandrews pitchfork ML can work as a support. i am prepare for a Div Around the ML for long
GBPJPY Another PitchforkI like these clean pitchforks. If it reverts to the centerline I will enter a long if the volume looks good. I did have to search around for the first point to place on this Andrews Pitchfork. I think the false pivot I labeled doesn't work at the first point or any point in the pitchfork because it's just sort of a blip on the trend and not a true reversal. I'd love to hear other people's opinions on this though. I would also love to hear some reading recommendations for Andrews and Schiff Pitchforks.
BTC, long term, short, secnario 2Everyone talking about raising BTC but what if?
It's just a warn. BE CAREFUL
Roger Babson and the 1929 Crash: Action Reaction Ien.wikipedia.org
The Late Roger Babson allegedly predicted the 1929 crash and hence made what was probably the trade of last century. It would be the equivalent of a billion dollar trade in today's market.
Dr Alan Andrews later took his mentor's concepts, which related to Newtonian physics and devised the Action-Reaction method of technical analysis; modelled on Newton's Third Law.
Babson was an interesting character- who merged business, science and esoterics. Like most visionaries he was treated sceptically in his own lifetime. Certainly his adventures in antigravity helped disguise his genius.
Other than the famous 'Babson Chart' there is little to go on as to how he did what he did in 1929.
But an acquaintance and I believe we have deduced the method.
Tradingview makes easier for contemporary traders to mechanise what was a laborious task in the 20th century.
I present to you: the action-reaction chart
NOT TRADING ADVICE
#COMPUSDTend of wave C.
end of wave 2 in Big scale.
using fibonacci ratios and andrewspitfork to determine the end of correction.
Support and Resistance lines for dogecoinBased on Andrews pitchfork, support and resistance lines have been identified in the 4 hour time frame.Given the massive downturn in the digital currency market today, it was important to recover quickly and reach the 16-cent support area.The decline in the unemployment rate in the United States and the possibility of an increase in the price of the dollar in world markets is the main reason for today's decline in the digital currency market and the stock market.
andrews pitchforkscalping opportunity in EURJPY,
local countertrendline broken,
whales have made up a fake breakout above the double top in order to hunt stoplosses,
which is good sign of going down .
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outcome of november: 1 loss, 3 win, 1-9 rrr+
USD/CHFFX:USDCHF
The USD/CHF oscillates in its upward trend channel. due to reaching the channel middle line and also the middle line of Andrews pitchfork, the price will pull back to 0.23 or 0.38 of Fibonacci retracement resistance and then rises to the top of its channel.
