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The three points of a pitchfork, often referred to in the context of technical analysis in trading, represent three key price levels: the median line (or center line), the upper resistance level, and the lower support level. The median line is considered the equilibrium price, while the upper and lower lines indicate potential areas of price reversal or continuation. Traders use these points to identify trends and make informed decisions about buying or selling assets.

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1w ago

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