Written by Ahmed Maher from Egypt ( )
By Author :
There are two common types of Super Sharp Pitchfork Supportive Pitchfork and Magnetic Pitchfork, each have a specific shape and function that we must understand well to know how SPF work. We will focus always on the median line of SPF that differentiates between the two types of SPF.
The most repeated type of SPF that we will see it a lot in the chart is Magnetic SPF, what makes Magnetic SPF differ from Supportive SPF is that the Median Line of Magnetic SPF has a breakout by price action occurred always in time zone no.3, and vice versa to the Supportive SPF that has hold Median line in time zone no.3 and has no breakout by price action.
If you find that topic is useful , please click on share in your social networks to support Forex winners.