EMS 0.00% 1.8¢ eastern metals limited

chart, page-4

  1. 2,793 Posts.

    texas

    the median line from the first price pivot through the median price between the next two price pivot points, is what determines the upper tine/parrallel

    pivots being either: low, high, low (OR) high, low, high - usually more than five bars or candle sticks apart - any smaller and they start being called mini-pitchforks

    for low, high, low - the upper tine will come off the high pivot

    for high, low, high - again, the upper tine will come off the second high

    it's just a case of what direction the pitchfork is pointing - up or down



    good luck

 
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