Pretty solid break out from the long down trend and previous resistance retest. Looking for a solid jump up before and after April 16, Wanchain is planning to announce big news at the World Blockchain Forum in Dubai.
Volume is pretty low at the moment and strategy might simply not work out, watching order book carefully.
Fairly straight forward trade, buy the retracement. After bouncing off the weekly trendline at the bottom, AUDUSD is bullish in my opinion. If you missed the initial trade this would be a great opportunity to enter upon a bounce at previous resistance as well as the .618 Fibonacci level. Take profits at the green area i marked.
ZECUSD price action is in the last stage of creating a cup and handle pattern which will iveitably shoot out to the upside of not less than 50% in the near future. A retrace of 50% Fib can be expected as there are two long term resistance levels present. With a sustained push and momentum behind, target of $500 is attained easily at 128% fib. If resistance pen is...