Bullish Trend ahead @2020

In my trading strategy, I incorporate Andrew's Pitchfork, utilizing its median line as a signal for analyzing price action. This line often provides a basis for analysis, potentially aiding in decision-making. Additionally, I integrate Fibonacci Retracement, with a focus on the 38.2% levels, which are commonly observed as potential pivot points for identifying entry and exit points on the chart. Verifying the adherence of market trends to Fibonacci Retracement points, particularly at the 38.2% level, is considered important in assessing potential continuation or reversal patterns.

Trade active:

Buy@2020.05

Comment:

Target@2037.63

Comment:

New Target: 2035.03 tradingview.com/x/tJtBiCY4

Comment:

tradingview.com/x/w3Hj11k2

Trade closed: stop reached:

SL hit@2020.10

Comment:

It didn't hit my target. Ah right, if you gonna use this strategy, place your SL wisely.

I'll post another one when new buy/sell zone was hit

Comment:

if you're still on buy, new Target is at resistance@2045.81

Comment:

tradingview.com/x/HIxAgdxV

Comment:

tradingview.com/x/K9Tre6KZ

Comment:

New Target: 2040.56

Comment:

New Target: 2060.90 tradingview.com/x/cbT2JyG1

Comment:

New Target: 2051.07 tradingview.com/x/xf9PANh2

Comment:

New Target: 2063.88 tradingview.com/x/EcGmQ1FO