Double Upward Pointed Pitchforks
Price is currently sitting above (testing) a confluence zone between the median line of a longer term (macro) pitchfork and that of a short term (micro) pitchfork, both of which are slanted upwards (bullish).
The macro PF was recently validated with a second median line touch a few days back (eventually busting through it, making it new support). The micro PF has had several ML tests, and appears to be a strong magnet for the price at the moment.
This confluence of the median lines should prove to be strong support for continued upward movement.
The macro PF was recently validated with a second median line touch a few days back (eventually busting through it, making it new support). The micro PF has had several ML tests, and appears to be a strong magnet for the price at the moment.
This confluence of the median lines should prove to be strong support for continued upward movement.
Note
Trading these pitchforks is still proving to be quite profitable.Don't underestimate the power of calculating median lines and using their parallels.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.