After the descending trendline broke we had a succesful retest of the trendline meaning hidden bulls are in the game. We’re seeing a descending channel now with broadening wedges. http://thepatternsite.com/dbw.html
Observing the break of these.
It’s time gann said. XRP has been hugging the 1/1 line long enough for a breakout to happen sooner rather than later. A new cycle is ready to come and will start with a straight up. Santander/Apple pay or the G20 top could be triggers.
GU is resting in a support zone after BoE's rate hike. The support zone is combined with the yearly pivot giving the zone some strength. A trend line is going upwards supporting the price. We're in an upwards linear regression channel as well.
Don't fight the central banks. With CB's buying market futures it's nearly impossible to short. If you're bear it's better to cash or buy gold futures.
Small downside on DAX based on PA and bear divergence. Then long again to the previous head.