EUR/GBP: bearish hammer formedIn this analysis and update, I make an analysis in H4 timeframe and I see a bearish opportunity to find down.
So, we're into this symmetric triangle, but looking in this timeframe the price could to make the reversal to goes to the up trend line around 0.8460 GBP.
This it's a good opportunity to short EUR/GBP in this timeframe, the're not any bullish signal as the bullish signal was in the precise candlestick that it's below of this.
My entry price was around 0.8514 GBP (56 pips) and target to 0.8460 (GBP and SLto 0.8540 GBP (24 pips)
Good luck!!!
Priceactionanalsysis
ETH/USD: Bullish Divergence in RSI and price action confirmed!!!I look that Ethereum show us a good entry to make a reversal of the trend buying in the yellow zone where represent the key support in Daily timeframe, but more later I will going to create another interesting analysis in Daly timeframe in Ethereum. I use my old strategy to prove the zones to know in least to use lines, becuase in the past the zones it's get me good result in my trading just analyzing from Daily timeframe.
s3.tradingview.com
Now, if you look in H8 timeframe, Ethereum forming a bullish hammer, and that will be a good signal that at least Ethereum could to recover the trend to up.
I entry in this trade where I put my SL at $1,777 USD and my target will be around of $2,400 USD.
In some minutes, I will going to analyze the Daily timeframe