GBPUSDGBPUSD is in enormous uptrend and respecting well the bullish channel. Currently the price is retracing to Fib golden ratio which is giving signal that bulls are getting ready for another leg up.
Bullishchanne
Ethereum is bearish!!! We're in profit!!!Ethereum is go down and the price is around of $398 USD, I entry in the market at $410 USD, we're in profit. First, I reccomend to put your break even to protect your earns right now.
So, we see that Ethereum is continue down and Ether was formed this descendent triangle, becuase remember that in Daily we see the same situation on Bitcoin that Ether need to make a correction before to continue up!!!
Look this chart in H4 timeframe.
Guys, if you following my trade and you put your short in Ethereum, you're ok and you can to put your break even at $409 USD, that is my reccomendation to put your break even in this price to protect your entry price without any losses.
So, the only updated is that I proyect that Ethereum is into this bullish channel and we found down sell, so my forecast it's around of $380 USD, that is my target profit on Ether and I large my Target a little more, beuase my previously target it's was $394 USD, but we can see a possible next movement so volatile for the crytpocurrency!!!
