Drawing outline: most lines are expressions of the Upward & Downward Forces, apart from the red lines and their parallels which are a channel of the Prime Carrier, the essential wavelength or frequency, the Equilibrium, the state of balance it must always seek.
The powerful little fork (yet of curious behaviour) is the last bastion of a very strong expression of Upward force, I think, as the pair bends. However it is fight to the death. How it plays out exactly I'm not sure, but the next candle is crucial. If it opens below the fork, as I expect it to, I think it has lost the battle. It is breaking .... Not sure how willingly it may give up, there is a suggestion it might jump back in.
I'm currently under the impression how & where it is at 5.00am UTC 29th is the crux. Whichever way it goes it will be a major level change for the Prime Carrier. But I think it has already decided, that this carrier channel is giving way, and under the pressure of hmm, descending stock markets ... And the dollar ...