observe the positions of the successive Lows of the CMA's

Analysis and Trading based on Envelopes, Waves, Cycles

How a Sharp Bottom is build

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

BTCUSD Daily Current Gann Murrey Grid

Analysis and Trading based on Envelopes, Waves, Cycles

Double Bottom

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

image DAX 1 mn You just have to move the decimal on the left or on the right

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

BTCUSD 1 mn image

Analysis and Trading based on Envelopes, Waves, Cycles

opened Long position

Analysis and Trading based on Envelopes, Waves, Cycles

closed Short position

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

closed short position

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

this is why Pitchforks are not so efficient in Trends. The amplitude of the Sinewave is too weeak relatively to the amplitude of the Underlying Trend. Pitchforks work at their best when the Underlying Trend is Flat /Neutral or moderately Up or Down

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

image

Analysis and Trading based on Envelopes, Waves, Cycles

closed short position on Double Bottom

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles