BN has tested 44800 multiple times and respected that level, as the support kept rising from 44800 the resistance was constant at 45000 - 45079 levels.
this a range of aprox 250 points. on the daily chart drawing a fib from the recent low to the all time high we can see that the market has successfully tested the 0.618 golden level and has had a formation of higher high and higher low with constant resistance at 45000. and there is a formation of inverted head and shoulders pattern and this 0.618 level in 30 min time frame with neckline at 45000. 44750 - 44900 is a gap zone that the market had created and now it is sustaining on these levels.
30min candle closing above 45100 can create a buying pressure in the market and for selling it must take resistance at 45000 and the trend line and break below 44722 for a good trade below.
this a range of aprox 250 points. on the daily chart drawing a fib from the recent low to the all time high we can see that the market has successfully tested the 0.618 golden level and has had a formation of higher high and higher low with constant resistance at 45000. and there is a formation of inverted head and shoulders pattern and this 0.618 level in 30 min time frame with neckline at 45000. 44750 - 44900 is a gap zone that the market had created and now it is sustaining on these levels.
30min candle closing above 45100 can create a buying pressure in the market and for selling it must take resistance at 45000 and the trend line and break below 44722 for a good trade below.