Andrew's Pitchfork
The next Pivot, here or 7k area?Hey guys, it's been a while since my last drawing chart. I've been busy with UKOIL, so I don't have much time to do BTCUSD and I don't trade BTCUSD to be honest.
As always, I'd rather not talk about LONG or SHORT, but just to share my drawing chart. Just use it as extra information if you know what I am doing here, otherwise trust your judgement.
I am also interested in learning and sharing ACTION/REACTION if y'all want to learn and share like I do.
Back to the chart, I think there is a possibility that the price will touch my middle BLUE line as it's my Centerline.
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SandP 500 E-Mini Futures 60 CME Updated 10/13/2017Price is trying again to break 2550 hard and continue upwards. We have had multiple touches here on a sliding parallel, so if we hold as support price should continue to break through and break higher. Look to a sliding parallel of the recent high to act as resistance.