NZD/JPY has performed well this month forming higher lows and highs. It was supported by the 50-day MA in July and took off from that level.
BTC/USD: a trade idea
SELL 11,100; TP1 10,800; TP2 10,400; SL 11,300
After its peak at the end of June, BTC/USD has been constantly forming lower highs and making significant legs to the downside. The cryptocurrency met resistance at the 61.8% of the 2017-2018 decline in the $13,500 area. Bitcoin is very volatile and the odds are that it will test lover levels at $11,120, $10,800, and $10,400.
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…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...