As we see, price is sitting right at the CL. But what does this even mean, if price is at the Center line? It is, that price has found it's balance. Anything can happen from here. Chances for Long or Short are 50% in general. Any other hints from the Chart? Yes! Price jumped above the CL. Then it bounced back two times. In between jump 1 and 2, price got hit...
hey guys today i'm here with a sol analysis that just came to my eyes, the schiff fork could not hold the trend very well and that's fine since it will now indicate a broken hagopian line that can lead price to marked levels, this is still not confirmed since we are at pullback level of a broken support zone which is now resistance and it's just the first touch,...
My previous forecast on XAUUSD was bearish continuation and looking for Lower Low, this is an alternative for Bull Run, key level on lower timeframe by using Andrew's Pitchfork was 1914 then 1860. Trade safe, Everyone!
Previous strategy worked fine and we closed the trade with profit, now we have another strategy for steep markets. it's more simple but it again uses hagopian's rule as the main idea of it when you see a Drop base Drop or a Rally base Ralley structure, you can use the start point ot the move as A point, the first low as the B point and the highest high as the C ...
what you can see here is a double fork hagopian triangle strategy (or at least what i call it), it aims to use a triangle lines as hagopian lines and use the failing fork to identify the failing side and trade in that direction, i usually find it to go at least 80% of the profit bar (which is nothing special but the triangle height). if you don't know what...
According to Hagopian Rule ; if prices reverse before reaching the Median Line, leaving a <> they will move more in the opposite direction than when prices were rising toward the Median Line , in this case price has made LH and LL <> which indicates the weakness of ascending momentum
Crypto drops like the one today can look devastating on the lower timeframes, but if you take a breather, step back, zoom out and look at higher timeframes like the weekly, you’ll soon see the bigger picture. ADA is still well above its Bollinger Bands Middle Band Basis 20 Period SMA on the weekly chart. ADA is still well above its 50EMA on the weekly...
Confirmationi price go up or down if break Hagopian Line (up/down)
For my 100 TradingView post, i though i'd do a nice in-depth Technical Analysis about what BTC needs to do using the various TA tools i use, so i hope you all find this helpful and informative: If we look at the descending Pitchfork (A,B,C), BTC has found strong resistance at the Pitchfork Median Line. BTC 110% needs to CLOSE a daily candle above this level and...
if you read about hagopians rule, you will know what i say :D
A lot a traders & hodl-ers start to panic when the crypto asset they’re investing in stalls or dips for a few days or weeks, these same traders & hodl-ers fail to look at the bigger picture………. that ADA is still in a LONGTERM UPTREND. Let’s look at this ADA daily chart which is more simpler than i normally post, to enable us to look at the LONGTERM OUTLOOK. I...
I saw an earlier chart post that stated VeChain my dip. So let’s do my own take on it & look at the 3 Day Chart…….. because i quite like the look of it. VET is still well within the Bullish Zone of the Ichimoku cloud. It is still above its The Conversion Line (Tenkan Sen), Base Line (Kijun Sen), 50EMA, 100EMA and 200EMA levels. The RSI is showing that momentum is...
At the moment of typing this, if we look at the ADA 1hr chart, ADA has corrected back a bit & has found support at its Ichimoku Cloud Base Line (Kijun Sen), slightly under that level is its 50EMA. ADA has wicked below the 50EMA twice over the last 6hrs but we have closed above it indicating this is our key level of support for this timeframe. The RSI is at 48 and...
Most of my charts have been bearish on cryptos, I've been expecting a correction to $7k or so before a run back to the teens. However this pitchfork on the total marketcap of all cryptos shows that we are hugging a long term support trend line. The two usual targets on the pitchfork are the median line and the hagopian line. If it turns out to be bullish then...
GS seems to be attracting demand recently. The trend down is losing momentum and it might just be the time to enter an anti set up here for a modest 1.5-2R target. Though sellers can enter this market any time, it seems more probable that bulls will take this higher to the Warning Line.
Watch how price reacted at the Fork-Lines. First price could not break down to the CL, after reaching the U-MLH. This is called a "Hagopian". This means, price will go further in the direction from where it came. And so did the Market: Price was running up, above the U-MLH and towards the Warning Line. But there again, price failed to reach the WL and that was...
It appears to me that the Hagopian rule is about to play out and we are getting a chance to enter this trade with a very small stop. The Hagopian rule This rule is invoked once a confirmed pitchfork breaks without the price ever reaching the median line, what should follow is a bigger movement in the opposite direction.
Haven´t checked a single line of company´s reports or any related news. I´m just trying to find a new broker and checking the charts one by one to see if the market will or not dump the shares. I found IBKR may be a good buy as it bounced of the Hagopian Line and has been flat for several weeks now, underperforming the market. Notice also the price broke former,...