Current price to trade from is a 4-hourly candle close @ 1663.1 which lines up with median line of ascending channel. Intraday Chart
Bullish price action on natural gas could be explaned by the low oil prices. The market expects that Shale oil production will no longer be profitable @ these price levels. Shale oil also produces a lot of natural gas, which is stored and sold to market. When Shale oil goes offline, so does the natural gas. ~Price might have made a double bottom, waiting for a...
Silver created a Pitchfork. Intraday Chart Silver broke ascending temporary trendline, also took out HH-HL trendstructure on intraday chart.
Gold is following a ascending channel since early 2019. Channel lines sometimes bounce all over the chart, that's why I used a very strange modified Pitchfork, but in essential it's the same as channel. Entry @ 1660 Stop @ 1681 Target @ 1625 4-hour Chart Broke below support and rejected of confluence area. Intraday Chart Possible framework to trade from on a...
It looks like cable is still in a bearish trend, since it didn't took out the swing high. 4-Hourly Chart Broke out of the descending channel, but closed back in it. Intraday Chart Cable made a clear inverse V-shape bounce and currently tracks a Schiff Pitchfork
Yen is currently testing 2019 October low day close. Entry @ 106.92 Stop @ 106.45 Target @ Feb open 108.47 R/R 3.3/1
Euro is currently testing resistance @ confluence area of Jan high day close and descending slope resistance. Entry @ 1.1172 Stop @ 1.1215 Target @ uncovered close 1.1030 R/R 3.4/1
Upcoming short area @ 1.880-1.886$, stop accordingly to your risk appetite, but atleast above 1.894$. Target: Monthly Open @ 1.706$
Weekly Chart Daily Chart 240-min Chart 30-min Chart
Price is following a descending pitchfork. 4-Hourly Chart 30-min Chart Ascending Schiff pitchfork
Daily Chart Testing Pitchfork ascending slope, 2019 Open and Schiff pitchfork descending slope. 120-min Chart Price follows a descending Schiff pitchfork. 30-min Chart Possible intra day descending Schiff pitchfork.
EUR/GBP reached an area of interest of decending slope line, 2020 Open, 61.8 retracement of yearly range and 100% extension of previous up move.
Yen broke out of the opening range of 2020, it also broke a multi year descending slope line. Opening range will likely come into play today, with confluence of a possible ascending slope line. All stops should at least go below 109.5 TP1 : 2019 High @ 112.4 Area of interest 4-Hourly Chart Weekly Chart
Upcoming short entry @ confluence area of descending pitchfork upper parallel, 61.8 retracement of previous down move and 2019 Nov high @ 1.2985. Note: Pitchfork is drawn on daily time frame. Daily Chart Weekly Chart
120 min Chart Euro still not out of the woods, a break of descending pitchfork and 2019 low, will probably give it more legs.
Gold might very well, finely close above median slope line of ascending multi-year pitchfork on a weekly basis. 4-Hour chart. It looks pretty overbought @ the moment, wait for a pull back to area of; 2020 Jan high @ 1612 - 1600, before entering longs again. Weekly Chart