The stock of Pepsico formed a kind of messy inverted “Head and Shoulders”.
BTC/USD: a top?
SELL 9,765; TP 8,600; SL 10,150
It seems that BTC/USD formed a “double top” after it had met resistance at the 61.8% of the 2017-2018 decline in the 13,500 area. On Tuesday, bitcoin closed below 38.2% Fibo of the 2018-2019 advance and the 50-day MA at 9,898. In July the cryptocurrency formed a lower high than it did in June. The price is certainly very volatile and can make bigger near-term swings, but the odds are now that it may test the 50% Fibo level at 8,517. Resistance is at 9,898 and 10,300.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
The key question about Brexit now is whether there will a deal between Britain and the European Union or the parties end up without a one.