Price has rallied after the retest of the lower median line (lml) of the minor ascending pitchfork. Technically, the perspective remains bullish as long as is trapped within the minor ascending pitchfork’s body.
I’ve drawn a minor descending pitchfork, a retest of the upper median line (uml) could signal a potential reversal. It could develop a Rising Wedge pattern, which could signal a reversal, a major drop will be confirmed after a valid breakdown below the median line (ML).
