DJIA is heading to 37000 The Monthly DJIA chart shows that the instrument is moving in Inside Andrew’s Pitchfork long-term uptrend channel resistance line 37000 and is consolidating ever since the break above 33000. As long as the instrument is above 33150 we are expecting the upside continuation. Invalidation […]
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EURUSD is breaking below the long-term uptrend channel The Monthly EURUSD chart shows that the pair has broken below the Andrew’s Pitchfork long-term uptrend channel downside resistance line 1.23500 and is consolidating ever since with one backtest of the broken resistance. This breakout could lead to a downside continuation.
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Apple is breaking above the long-term channel median line The Weekly Apple chart shows that the instrument is breaking above the Andrew’s Pitchfork long-term uptrend channel Median line dating back from 2018. This breakout is supporting the upside continuation especially since this is a strong resistance zone being broken
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Coffee is trying to break above the channel resistance The Monthly Coffee chart shows that the instrument is testing Andrew’s Pitchfork downtrend channel dating back from 1986. This retest of 195 is being rejected for now and we could have a swing range between 90 and 195 continuations and
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NZDUSD is retesting a previously broken 200% extension line of the Monthly uptrend channel The Monthly NZDUSD chart shows that the pair is retesting 200% of the monthly Andrew’s Pitchfork uptrend channel dating back from 2001. This retest of 0.7300 line is being rejected for now but we have
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