FiboLoki Explores Andrew's Pitchforks
Here is the latest from CAD. Follows is a set of Andrew's Pitchforks I used to exact the top reversal on a Head and Shoulders patter I noticed in the 4H Cad Chart based on a projection median line from January of 2002!
Let no one doubt the power of the AP.
You'll find it clearly and definitely denotes major reversal and resistance and support years later as we approach the present. Another mystery of nature like the Fib levels.
Enjoy.
The final chart is where I used the Fib levels and APs to target the reversal point on the right shoulder 8 hours in advance. It hit the mark dead on and rejected as expected. Also completing a Diamond pattern and Bearish Divergences.
All supportive of a trend reversal and while most all signal pros were staying go long for massive profits.
The key is in geometry of nature. Trust the Fibs and the Fractals - they rarely fail and rarely lie.
Last edited by FiboLoki; 06-13-2008 at 06:58 AM.
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