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.
USD/JPY: bears prepared a trap
Recommendation: SELL 111.75 SL 112.3 TP1 110.75 TP2 109.8 TP3 108.8
On the daily chart of USD/JPY, bears are still hoping on the formation of the “Bat” in case of a break below the lower border of the uptrend channel. Bulls aim for resistance at 110.95, getting out of the long-term descending channel and getting to 200% target of AB=CD.
On H1, USD/JPY can reach targets of the “Three moves” pattern. Then the pair may form a “Widening wedge”. Resistance at 111.75 corresponds to the upper border of the daily channel.
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...