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Pitchfan

BTC : Stairway To Heaven There's a lady who's sure All that glitters is gold And she's buying a stairway to heaven When she gets there she knows If the stores are all closed With a word she can get what she came for And she's buying a stairway to heaven There's a sign on the wall But she wants to be sure 'Cause you know sometimes words have two meanings In a tree by the brook There's a songbird who sings Sometimes all of our thoughts are misgiven Ooh, it makes me wonder Ooh, it makes me wonder There's a feeling I get When I look to the west And my spirit is crying for leaving In my thoughts I have seen Rings of smoke through the trees And the voices of those who stand looking (that's you) Ooh, it makes me wonder Ooh, it really makes me wonder And it's whispered that soon, if we all call the tune Then the piper will lead us to reason And a new day will dawn For those who stand long And the forests will echo with laughter If there's a bustle in your hedgerow Don't be alarmed now It's just a spring clean for the may queen Yes, there are two paths you can go by But in the long run There's still time to change the road you're on And it makes me wonder Your head is humming and it won't go In case you don't know The piper's calling you to join him Dear people, can you hear the wind blow? And did you know Your stairway lies on the whispering wind? And as we wind on down the road Our shadows taller than our soul There walks a lady we all know Who shines white light and wants to show How everything still turns to gold And if you listen very hard The tune will come to you at last When all are one and one is all To be a rock and not to roll And she's buying a stairway to heaven // Durbtrade
BITSTAMP:BTCUSD
by Durbtrade
7
BTC retesting the resistance and May go deeper (25000$- 24000$)BINGX:BTCUSDT.PS BTC almost retest the resistance and there is two possible scenario: 1- Best case: Will support on Fibonacci 0.382. Then retest the 0.236 resistance ( topside of pitchfan and daily resistance at the same time too). I guess after that will move to fibonacci 0.5 level (25200$) 2- Worst case: Will dump straight to test the fibonacci level 0.618 and center of pitchfan at the same time (near 23900$)
Short
by Zolfaghari
MATIC Pitchfan :: Not Sure Why This WorksPitchfan experiments produce some wild results and sometimes insanely high level of accuracy in projecting price vectors. The anchor points (A,B,C) used here are abstract but not random. Abstract A is curve fit on the center line of the circles. Abstract B and C are anchored on the inner circle. Getting the circles is complex and a bit hard to explain. The settings for the Pitchfan are: 0.111 0.222 0.333 0.444 0.555 I cannot explain why in this instance the Pitchfan is highly accurate. Maybe someone looking at this can?
M
by TrueTrend_io
and another thingbeen watching this bullish cyphershark build for a while now...not to give the harmonic haterz any fuel but obviously they're not precise like your oscillators so variance in drawing (start dates and prices) can have a huge effect but the idea is there and if you consider a starting point of the covid crash, we're still in valid price zone and time zone (assuming time symmetry, which i'm not entirely sure is a thing?) - end of november would be complete but price could still go way lower and it would still be valid, so NFA really thought about it again bc we've formed a bullish butterfly recently...always nice to see nested matryoshka harmonics...and we're at my 2.72 pitchfan line stay safe out there
INDEX:BTCUSD
by FinanciallyCodependently
3
Ethereum dominance pitchfanThis pitchfan on the Ethereum dominance outlines zones where it is optimum to have exposure to ETH. It also outlines where it is best to take profits or reduce exposure to ETH. Theoretically the risk/reward ratio for holding ETH is more favourable in the lower bands - the lowest blue band being an optimum risk to reward ratio. If ETH dominance moves into the upper blue band the risk to reward ratio is much less favourable, this has historically been a beneficial time to take profits or reduce exposure to ETH. *this is not not financial advise*
CRYPTOCAP:ETH.D
by 1.008
Follow the eye - detailsIn the chart there are 2 Median Lines, 1 Fan (Dr . Alan H. Andrews style) a trendline - and... a smiling dog 'cause it's Fun! Now the Median Line per 1.2.3. been shared for the first time here The Upper Parallel Median line test is where the Blu arrow is and it shows a dynamic resistance level that worked pretty well. Here is another update of the same pattern: Right now prices are close to the 50% lower inside Parallel Median Line, first small green arrow in the chart. The 2 green arrows show 2 potentially relevant support zones. The second Median Line is the one per 1'.2.3. The prices tested the Center Line of this pattern (orange arrow). The second test been where the blu arrow is, and it's the 50% upside parallel of this Median Line (resistance). This Median line been shared for the first time here: and then here: but the most important been this one Considered the efficacy of these 2 Median Lines in the past we may have high probability to see these patterns working as good dynamic levels to check even in the future. The dynamic trendline offered extremely relevant Res. zone that been tested multiple times and may worth a check in the future. The first time we pointed out the potential efficacy of that trendline been here: The Fan using the Dr Alan H. Andrews settings could be used as dynamic support and resistance to check and the crosses of the fan with the trendlines generated form the Median Lines are called "energy points" and could be checked as price magnet levels as well as resistance or support and trend chaange detectors. Maybe U can use the levels in this chart to track the future price fluctuations. Hope you enjoy! (Too much hurry from me yesterday, have to say sorry to Nico the moderator.)
BITTREX:DOGEUSDEducation
by locatellicharts
3
sketchpad rektpad i think i was playing with pitching the circle here (tilt your head), and considering it could be pitched in two different (probs more) ways. then did pitchfans of triggernometric triangles and copied and pasted them to diff reversal points. trying to learn thru play...putting it all together slowly and messily :-) maybe i should just get a coloring book learn: michael s jenkins larry pesavento jim bartelloni (bartscharts) gann, probably candleboxAI on twitter (and most of the ppl he follows esp GannJourneyman)
INDEX:BTCUSD
by FinanciallyCodependently
6
SPX Target - if pivot takesSeems reasonable to say that we are bouncing right around the high end of the pitchfork for the SPX bear trend. Also the recent swing high tapped and two sequential pitchfans align at this level, will be interesting to see if we push through or try for a median on the main trend. Significant moves above 4500 would make me skeptical, and a move above 4640 would invalidate the fork. Netflix's continued meltdown is certainly not a bright omen. DYODD - No advice here, going to be interesting
SP:SPXShort
by laminaytrap
Get major S&P trading levels through Pitchfan!Hey everyone, how are you all? Let’s discuss Pitchfan and Fibonacci Channel on S&P 500. There are some bearish news in the market. The news includes Federal Reserve’s stance on increasing the interest rates, making investors shifting into the bond markets. Netflix down by 22%. Your trades should always respect the fundamental analysis. Don’t try to go against it. Market Condition: S&P Index has been in a massive uptrend, giving around 120% returns from its previous low on 20 March 2020. It has been in uptrend since March 2020, having few corrections. But, with Pitchfan, we can catch all these corrections with high accuracy. Pitchfan Pitchfan is a mixture of Fibonacci Fan and Pitchfork. It uses both of their levels and has some features of Gann Fan too. The red coloured line is the median line which is the main support and resistance line. The other lines have importance according to Fibonacci’s rules. Main lines are 0.382, 0.5, 0.618. We have kept 0.25 because it is the median of the red line and the 0.5 level of Fibonacci. You can use my levels through the picture in the chart. How to draw a pitchfan? Pitchfan is drawn at the starting of a trend. Here, the market was consolidating before entering into the uptrend. A is the the first low of the trend, B is the next high and C is the next low. It can be drawn on the higher timeframes. Refer to the image below. How to trade these levels? These lines are the major points where the trend reverses on the lower timeframes. We can use these levels to trade. You need to check two things to get the direction of the trade: The current trend matches on both the higher timeframes and the lower timeframes. The news is in the same direction as your trade. After this, you have to get the best entry. For this, you need to get these three confirmations: Candlestick Pattern Fibonacci Retracement or any Chart Pattern RSI or any other Oscillator Check out the below chart image to get the perfect entry: Observations: Price will touch these lines in 70% of the cases. Price might not touch these lines in 30% of the cases due to sentiments or any other driving factor. When price passes by any major level, it will always take a pullback on the lower timeframes. You may trail your stop loss or enter into the trade by checking out the pullback. Targets? Target can be the next line coming in the direction of the trade. Always have RR of 3 or more. You can always trail the stop loss after checking out for the pullback on the lower timeframes. Always check the news before carrying your positions overnight. S&P might bounce back from the yellow level, from the blue demand zone. If it breaks it, our target will be the red median line. Fibonacci Channel: Fibonacci channels gives the major turning levels too. Here, you can see the price is bouncing back from the 0.5 to 0.618 levels, and it has happened multiple times. You can take confirmations on the lower timeframes and take the trades accordingly. Do let me know if you want to learn how to make it.
TVC:SPXEducation
by theTAguy
2
Pitchfan From ScratchHello, traders! Today we’ll continue to speak about graphical tools of trading view. We have already completed Fib. Retracement, Gann Square and different kinds of Pitchfork. Today we’ll speak about extremely useful tool, that we are integrating in our strategies. So, ladies and gentlemen, love and favor, Pitchfan. A Pitchfan is a set of rays spreading out of the point of a trend's beginning. These rays inclined with the coefficients formed by a Fibonacci number sequence.it is recommended to apply a Pitchfan after the first wave of the trend has passed and the correction has clearly begun. To draw a Pitchfan, it's first and second points are to be set at the trend's extreme points, and the third point is to be set at the extreme point of the first correction wave. Basically, during the bullish trend, put the first point to the beginning of the trend, second to first confirmed higher high, third to the first confirmed higher low. Whereas during bearish trend put the first point to the beginning of the trend, second to first confirmed lower low, third to first confirmed lower high. When I say «confirmed», I mean two-three candles should close after the high lower and after the low - higher. Kinda difficult? Have a look at the chart and should become more clear. What does it say? Initially, if you plot it correctly, it’ll give you clear support resistance levels. This’s information, in my opinion is priceless for any trader cause it’s much easier to predict the future price movements. But the best of usage, seems to me, in conjunction with Fib Retracement or Trend based Fib. Extension. If it’s interesting to you, dear traders, write down to comments and advise the third indicator or tool. So, we’ll make the trading strategy together. Read my tutorials, write questions to comments and you are about to boost up. Have a nice trading week, dear traders! DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Education
by Skyrexio
2