Recently observing [ETH](/zh-CN/trade/ETH_USDT?contentId=301792201353953) on the 15-minute chart, this is a textbook example of the Pitchfork pattern at work. $ETH Current price is around $2.17K, consistently moving up following the rhythm of "rally-pullback-break previous high," just like using a pitchfork to step on the yellow line and advance upward.



I've already entered a long position at the lower levels, and the logic of this move is crystal clear: as long as the yellow line support holds, the pitchfork will continue pulling the price higher. In the short term, I'm targeting the 2185-2200 key level first; if it holds firmly, I'll wait for a breakout. However, around 2230 I'll consider closing out my long position, as that area is also a resistance point where I can look for opportunities to set up a short position.

This is how you trade the pitchfork pattern on shorter timeframes—follow the rhythm of the pattern going long, and exit at resistance levels or flip to short. The key is to recognize the pattern correctly and don't get shaken out by pullbacks.
ETH1,04%
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