I have used the low of the gap as P0 to draw a reverse fork (reverse P0 or RP0). This i found had very good correlation with past price so then i used the CL of the reverse fork (at any point) for the unfixed p0 of the forward fork and the same two other pivots rp1/rp2. There is however a good pivot very close to the P0 of the fwd blue fork but although this skews the whole fork only a small amount it represents the nearest P0 anchor for a conventional forward fork ...So why draw the fork from the CL of the reverse fork and not from that pivot? It illustrates superbly the relationship between the two forks (reverse and using the reverse CL as a sliding P0) and the value of this gap method which is confirmed by the orthodox pivot and its fork which mirrors the conventional fork off the nearest pivot (often there is no orthodox pivot to use). It could also be argued that the failure of the pivot to touch the CL caused the sharp fall away in price action.
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