Previous significant resistance zone at 45000 have been pierced and forming breakout reaching to 48000. But recently the bitcoin price dropped to the 42000. With 48000 breakout price this could be assume the dropped of the price was a retracement price action. Potential support level that could be trade opportunity located at 41000 and 37750. But if this both...
Current price of AUDUSD has breakout support level at 0.74750. This price action giving a possibilities reversal price pattern might occur. Certain price level at 0.7490, 0.7530 and 0.757 will be the potential selling zone with targeted taking profit at 0.738
Currently, as this analysis was written the gold price running at 1794. Which this current price have breakout the previous high at 1790. Looking at the trend and price structure, we could see the uptrend still on the move, considering this breakout might giving the trade opportunity at pullback which is expected happen at between 1784 - 1788.5 .
Gold price currently at above support at 1824.00, looking for next day price move, if it's forming reversal pattern for bullish move, price could go to the resistance at between 1850 - 1860.
Otherwise, if price pierce below the support 1824, it could move to next support target at 1765-1775
GBPAUD are forming the inverted HNS pattern in Daily Timefram. Major resistance at 1.84, entry long chance if price break 1.85 resistance, Target profit below 1.94
104.621 was the major support. The price have rejected it various time before.
This week (7 mac) the price closed above the major support area, and forming bullish pattern at timeframe H1.
The price have crosses the resistance trendline at H1, the low in the zone retested at 105.015 which is higher than the major support.
