Trendreversal
GBPCAD Uptrend not powerful enough to continueI apologize for the disorganized appearance of this chart. The Red lines indicate times when the price reacted to the Fib Speed Resistance Arc. This blue line Represents a mirrored version of price action from mid 2004 to mid 2010. Due to its reactions to the fib levels in the recent past and the 10 year resistance level it is likely that GBPCAD does not have the strength to penetrate that level at this time. Feel free to leave your thoughts and comments. Happy Trading!
Plain fact: Bitcoin Turned *Lime* Green (again)When only looking at multiple ribbon daily EMAs. Bitcoin is entering in a significant and historical zone: the green lime one...
It's just food for thought and plain fact.
PS: for more details about the dynamic my wedge scenario posted 2 months ago is still in play and is ridiculously efficient, have a look too:
GBP/JPY major trend changing short!Please check weekly chart if you want to be more sure.
Everything is on the chart!
Feel free to comment :)
Academy Investment
A.i
