Medianline
SandP 500 E-Mini Futures D CME Updated 10/23/2017Price has risen above the sliding parallel. Look to see price continue higher to the next sliding parallel and price is increasing in strength as we have broken the parralel channel i had marked before and is starting to move higher. Doubling the range of the action reaction set looks like there may be resistance at 2615 area.
USDCHF: Selling is our OptionLooking at the 240min chart of the USDCHF we may see that price is moving in a descending channel, with price testing the upper parallel. We already see a rejection at the trendline - a bearish pinbar for those who trade price action. No matter what is your strategy, keeping an eye for a sell setup at the parallel acting as resistance is a nice idea