Testing the wedge from below
A number of confluences here as we get indications of bearishness.
Things to be aware of: Tomorrow is unemployment and manufacturing PMI, which will create a catalyst that can push price in either direction. We are also flirting with a bullish 4H kumo, which can serve as turbulence from further drop. It's a good idea to look to the left and identify for any major levels.
- Rejecting from the daily wedge from the bottom
- Hourly resistance to the left
- A rejection from the hourly kumo breakout
Things to be aware of: Tomorrow is unemployment and manufacturing PMI, which will create a catalyst that can push price in either direction. We are also flirting with a bullish 4H kumo, which can serve as turbulence from further drop. It's a good idea to look to the left and identify for any major levels.
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