The last test of the weekly trendline in EUR/GBP was the March 2020 Crash, thats when EUR/GBP spiked up 1200 pips within a few weeks.
Now price is moving close to the Trendline again, could this be a indication for the S&P500 Crash, i think so.
Those that follow my Charts know that im looking for a Market crash in the next few moths, it seems like This EUR/GBP trendline could be a Indication for it.
This correlation can be seen in most EUR pairs, i also posted a important EUR/AUD chart about this a few days ago, all of them give the same indication, they could be Indicating the Market crash from the technical side.
This proofed to be working in 2000 / 2008 and March 2020, will it work again? Lets see.
Now price is moving close to the Trendline again, could this be a indication for the S&P500 Crash, i think so.
Those that follow my Charts know that im looking for a Market crash in the next few moths, it seems like This EUR/GBP trendline could be a Indication for it.
This correlation can be seen in most EUR pairs, i also posted a important EUR/AUD chart about this a few days ago, all of them give the same indication, they could be Indicating the Market crash from the technical side.
This proofed to be working in 2000 / 2008 and March 2020, will it work again? Lets see.