Using Median Lines As a Trading Tool An Empirical Study - I

3 Sep 2022

The Andrews Pitchfork takes three (consecutive) swings: ABC, and forms a median line by bisecting BC from A

80% of the time price will return to the median line from the C pivot

Of that 80%: price will reverse at the median line around 30% of the time

IF price reverses at the median line it will reach the upper 1 SD parallel 80% of the time

C U ATH

🔥🔥🔥🔥🔥🔥🔥🔥🔥

NOT TARDING ADVICE

All credit to Mr Greg Fisher for these stats and all his work on market geometry

3 Sep 2022

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