Golden Pitchforks:
Pitchfork indicators can be a good way to isolate long term trends over an extended 12-18 month time frame.
Additionally, you can use a pitchfork on a shorter term to give you a feel for price movement in a 4-6 week time frame.
In combination, they can provide a good way to isolate a specific target price/date where you might expect to see a cycle top.
Take a look at my Gold chart and you will see a projected price of 1300 that should occur around March 20th.
I plan to hold my positions until then, and make a decision to either close my longs if the sentiment turns negative, or hedge my longs if the sentiment remains somewhat bullish.
Additionally, you can use a pitchfork on a shorter term to give you a feel for price movement in a 4-6 week time frame.
In combination, they can provide a good way to isolate a specific target price/date where you might expect to see a cycle top.
Take a look at my Gold chart and you will see a projected price of 1300 that should occur around March 20th.
I plan to hold my positions until then, and make a decision to either close my longs if the sentiment turns negative, or hedge my longs if the sentiment remains somewhat bullish.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.