042509_Crude Oil__Andrews Pitchfork Analysis with Pivot Levels and Divergence

042509_USD Index__Andrews Pitchfork Analysis with Pivot Levels and Divergence

042509_EURJPY_Andrews Pitchfork Analysis with Pivot Levels and Divergence

042509_GBPJPY_Andrews Pitchfork Analysis with Pivot Levels and Divergence

042509_NZDUSD_Andrews Pitchfork Analysis with Pivot Levels and Divergence

042509_AUDUSD_Andrews Pitchfork Analysis with Pivot Levels and Divergence

042509_GOLD_Andrews Pitchfork Analysis with Pivot Levels and Divergence

042509_EURUSD_Andrews Pitchfork Analysis with Pivot Levels and Divergence

042509_GBPUSD_Andrews Pitchfork Analysis with Pivot Levels and Divergence

1hr Chart shows price within 2 upward pitchforks. Price has already reached the median line of the micro pitchfork while it still has to reach the median line of the mini pitchfork. Overall for this time frame as shown or indicated by the drawn box target, GBPUSD target is 1.5354 level for the 4hrs and 1.4348 for the 1hr. This is basically the target using the 1hr and 4hr timeframes. However, we need to look at the higher timeframes and the lower timeframes to see how price of GBPUSD is viewed on this other timeframes to give us an insight of its situation overall. StopLoss is 1 pip below Lower level of Box Target which is @ 1.4394 . Thsi strategy may also be applied down to the 5minute timeframe for intraday and scalp trading.