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Price has broken the MLH of the green fork and Sliding Parallel as well. We actually watched it go to the red ML and is also below the lower blue S/R line. Will it move up to retest blue Resistance line then fall? Very tricky spot...so much can happen to change the direction. Decisions...

Chart attached. Observe where price seems to be finding support again...the green L-MLH!

Grabbed a few quick pips on a short trade...a scalp...watching to see how it moves from here.

I added the red fork here just to give myself some guidelines to watch price squirm . It shows a sideways tendency with a slightly downward bias. No wonder we have a sideways move on the 15 at the moment. If price fails to reach green ML we could watch for a short. How it behaves in this...

Hi traders, Here's my view currently...notes on chart. I'm just watching. Enjoy!

Price in between two blue horizontal lines on last chart...between 1.2415 and 1.2439. Just waiting to get some decent swings in price. Be patient and watchful.

Just decided to draw in the blue fork to see where price would fall...it has reached the ML of the blue fork, the likely target. This would have been a place to take profits for those who were long. Will wait to see what comes next in the London Session. Take care,

Hello Traders, Hope you all had a wonderful and restful weekend. Attached is a chart showing how the market behaved as it opened. I have included notes on the charts referring to the fork lines there. I will be preparing for the London session which is when I normally start looking for...

Hello Newer Fork Traders, Just wanted to make a comment here as you attempt to draw a fork on your chart. You must pay attention to the sequence of your pivots as time progresses...they should be alternating high-low-high or low-high-low. It is the force of energy created by a swing (from low...

Hello Traders, Before I completely sign off, I thought I would post how the market left us hanging... When it reopens, we need to let it make a clear statement as to where it will head next. Don't be too anxious to click. Enjoy the week-end.

Attached is the chart as it stands now...I will not be trading til next week, but at least we can see how price behaves in relation to these lines. Take care, and enjoy the weekend.

Hello Traders, Very choppy market...will watch to see how it plays out.

Hello traders, Price failed to reach red ML and pushed through U-MLH. Price hit ML of new fork (green), a good place to take profits. Let's see if it will go higher. Take care,

Hello again, What will the market do from here? Been showing a little sign of weakness, but still technically in an uptrend (see MPL). If price breaks to upside, a new fork will be drawn. Let's see what happens.

Thanks Konviction, I have deleted some of the forks already, and that will show in my next post. I left them in on purpose so traders can see how price responded to these lines as it moved up to the green dot. Appreciate your comment and feedback. Thank you.

A sideways market at the moment. Will be watching to see how the market shapes up for the London Session.

Good for you! Grabbed a few pips this morning. Very choppy market last night. Take care,

Hello again, This morning I let the news play out then jumped in with a buy for a quick scalping trade...a few pips. Anyway, pay special attention to how the price reacted at the L-MLH of the green fork, where I had the ???. Once price formed that new low, I introduced a new blue fork...

Here is the chart. Sorry...

Good Morning Traders, Price has been battling for the last four hours or so. If it does not go south but bounces around, there could be a battle in the region of the triangle. For those of you who trade continuation chart patterns like symmetrical triangles, pennants etc., maybe now you have...