As you can see in my chart I have a Long term Pitchfork and a midterm pitchfork on EURUSD. Please Notice to the Great reaction of price to the Lines of pitchfork and The past ABCD Patterns. But now after the top line of the first pitchfork and midline of the second pitchfork Touched Price Faced a very strong resistant so back to Bearish and began a downtrend but the last Trading day the midline of the first and the bottom line of the second pitchfork has supported the price and make a correction. It's my personal opinion that the downtrend will continue to the bottom of the first Pitchfork and will continue the ABCD Pattern there.
Kommentera:
Touch the mid line of Pitchfork again, Time to come back!!