As per this chart, EUR/USD starts marching for B (1.1426 level).
Next move (C): 1.1370 level.
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British Pound (GBPUSD) Struggling At This Support
Keep your eyes peeled at the support trendline. It could fly from here for 1.25300 level. But this can happen only after two consecutive positive close.
As per the S RSI, it’s under downtrend. Hence, complete breakout means a direct target of 1.21000.
Note: beware of fake out.
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GBPUSD: Next Strong Probability
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USDINR Offers A Great Opportunity
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Cryptocurrency BTC/USD is Turing up
As per the chart, Bitcoin can move upside up to 8200 – 8400 after breakout of the blue line.
Overall, it’s under downtrend. BTC/USD will fall soon for 7000 – 6500 – 6000 below levels. Follow the upper trend line for accurate entry.
Additional: start making the short position below the orange line for the above targets
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UPDATE AND OUTLOOK: GBPUSD AND USDJPY
What had I said about GBPUSD 24th oct 2018 @ 22:05 (IST)? Click here.
OUR PREFERENCE
Position Below 1.29248 with targets 1.28681 – 1.27943 – 1.27136 in extension.
ALTERNATIVE SCENARIO
Below 1.29248 look for further downside with 1.29841 – 1.30234 as targets.
GBPUSD ALL TARGETS HAS BEEN ACHIEVED.
OUR PREFERENCE
Position Above 112.825 with targets 112.965 – 113.073 – 113.114 in extension.
ALTERNATIVE SCENARIO
Below 112.825 look for further downside with 112.752 – 112.713 as targets.
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