GBP/USD mark a bearish divergence in the RSI!!!
So, this technical analysis is so another interesting position in short. Also that work as signal to put in short position!!!
So, in the H4 timeframe we see that we have a possibility to see a shoulder head shoulder inveted in this timeframe to then bulls are wait to buy in the lower level, remember that in the latest technical analysis of EUR/GHP that investor of sterling pound it's want to make a bought in the lower zone of the price. so in the contrary EUR/GPB it's can be to experiment a long position in up the price!!!
Also, I add my fundamentals in the morning of EUR/GBP
But, in summary, the price is show us a possible bearish reversion of the price, and extraindicator RSI mark a bearish divergence!!!
So, in the H4 timeframe we see that we have a possibility to see a shoulder head shoulder inveted in this timeframe to then bulls are wait to buy in the lower level, remember that in the latest technical analysis of EUR/GHP that investor of sterling pound it's want to make a bought in the lower zone of the price. so in the contrary EUR/GPB it's can be to experiment a long position in up the price!!!
Also, I add my fundamentals in the morning of EUR/GBP
But, in summary, the price is show us a possible bearish reversion of the price, and extraindicator RSI mark a bearish divergence!!!
Trade closed: stop reached:
That was a fake entry!!! So, maybe in H4 timeframe that form a species of simetric triangle, I don't see that.