nambo - different forks same story. Lol Also, because your Yellow Pitchfork is so large, it is reasonable to expect that price could make many swings before reaching the median so Hagopians rule becomes a bit more difficult to apply. I would apply it if it were closer to the yellow median and missed it by a whisker. You apply the rule where price pivots before it logically should ie a simple trendline, trigger line, multipivot line or if price doesn't return to the median line from the most recent swings - the closer the miss, the more reliable the rule. On Andrews original material you can't pick up the examples he uses because the ink has blotched slightly and you don't see any gaps between his price bars and the trendline. Anyway, point is, there's no logical reason that price has to stop swinging before it hits your yellow median because the fork is so large - so Hagopians rule is difficult to apply. And then we speculate on a reversal past the most recent swing - not the big pivot at the high of your fork.
