Hi FX
extending the pitchfork to the left catches the highs and lows,so i am extending them to the right to see where price may turn,Yes i like to position trade.
I think the big money is in the big swings
There are so many patterns completing at fib ratios at the moment,it just makes sense to project them forward.This is where TIME comes into the mix
I have caught a few of these swings,missed the latest butterfly though,looking in the past the trades to put on were easy,in real time its much harder [at the moment]
But when the pitchfork,patterns,fibs and time line up
it should be like a duck shoot,
Pike