Nem,
I'm not very satisfied with the various Andrews Pitchforks explanations available.
Let's take a chart, say the weekly chart for NBR, and tell us how you pick the 3 points to make up the fork:
stockcharts.com[h,a]wbclyiay[pb10!b50!b200!i!f][vc60][iut!Lh14,3!Li14,3!La12,26,9!Lb14!Lg!Lc9!Lf15]&pref=G
Is this what you might see? If so, I assume you follow the lines out for mapping resistance and support:
stockcharts.com[h,a]wbclyiay[pb10!b50!b200!i!f][vc60][iut!lh14,3!li14,3!la12,26,9!lb14!lg!lc9!lf15][J7734527,Y]&listNum=1
Kb |