Trade: When the trend is intact, prices gravitate towards the . Hence, when prices reach the top , take profits or short the market. Also, when prices reach
the bottom , enter a long position, or close a short position.
Target: The targets for "Pitchfork" are usually at the . If the price does not stop at the , it will tend to move to the lower (for shorts) or move to the upper in case of a "long"
Stop loss: For "short" trades, place a "stop" order above the upper 'pitchfork" line, Similarly, for "long" trades, place a "stop" order below the lower line