NannePost

NannePost

Testing lower parallel of ascending pitchfork and consolidation resistance.

NannePost

A daily close above 2017 high, will confirm the break out. Weekly Chart

NannePost

1-Hour Chart

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Daily Chart

NannePost

My initial idea was to short USD/Yen, however an adjustment to the slope lines shows a different picture. It look's completely different. On a weeky chart Yen looks broken out to the top side.

NannePost

Yen filled the 2019 gap, which has confluence with two multi-year slopes. DXY is currently @ 2019 high. Weekly Chart

NannePost

Possible bounce from channel slope and unfilled gap of 2017 @ 1.07775 Weekly Chart 120-min Chart

NannePost

DXY reached 2019 HDC and 100 % trend extension, with confluence of upper parallel. Price rejects of upper parallel on 1-hour chart. 1-Hour Chart. Weekly Chart

NannePost

The price action on gold looks weak. Silver also @ descending slope line.

NannePost

Euro currently corrects higher, but a washout lower to unfilled gap of 2017 is very likely. Daily chart.

NannePost

Aussie bounces from ascending pitchfork lower parallel on hourly chart. 4-Hour Chart Still below descending slope line.

NannePost

Eur/Gbp currently sits @ support, confluence area of 100% trend extension and 2019 LDC.

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Daily Chart 4-Hour Chart 2-Hour Chart

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2- Hour Chart Price rejects of upper parallel of descending Schiff Pitchfork. 1- Hour Chart Price broke ascending pitchfork and rsi broke ascending momentum line

NannePost

Upcoming entry to get in to the short side of Aussie, descending slope resistance coincident with tough horizontal levels. Weekly Chart Daily Chart 2-Hour Close-up Chart

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Daily Chart 4-Hourly Chart

NannePost

Platinum is still following ascending pitchfork, which started back in October last year. Price is also @ major horizontal support, which has held for a couple of days. 4-Hour Chart.

NannePost

Euro is currently testing an area of interest, 2019 LDC and descending lower slope. Hourly chart. Wait for topside break of rsi line, before entering long side.