Strong Daily Resistance Lines stunting further growth
improving sentiment on Brexit trade talks rallied GBP 70 pips from start of week however the pair is hitting a strong ceiling on the D1 and W1 charts.
Weis waves shifted from green to red July 5 signalling potential reversal to the downside. As of today, August 14, the D1 ADX hovers on 65- strongly bullish but at the point of exhaustion. I've found that most pairs make an about face at their respective timeframes when the ADX hits 60
Weis waves shifted from green to red July 5 signalling potential reversal to the downside. As of today, August 14, the D1 ADX hovers on 65- strongly bullish but at the point of exhaustion. I've found that most pairs make an about face at their respective timeframes when the ADX hits 60
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