Pipphenes
AUDJPY ShortMajor resistance in a down trend. Entering short position now.
Price continues to hover and test major resistance at 88.0 (61.8% Fibonacci retracement , 78.6% Fibonacci retracement , horizontal swing high resistance, bearish price action) and a strong reaction could occur at this level to push price down towards 86.20 support (50% Fibonacci retracement , horizontal pullback support).
Stochastic (34,5,3) is seeing major resistance below our 97% level of resistance.
Mostly Resistance
Bitcoin Possibilities Would like to see a correction before buying again.
Note we are keeping an eye on what's going on with china which may keep the price soaring
The 19th national congress of the communist party of China is over and there is a rumor China is banning bitcoin trading soon. BTC price is rising.