This morning market has tested yesterday's High but was not able to breach.
For Bulls to take control they will have to breach yesterday's High with conviction.
Level to watch 4236 --- 4234
Report to watch:
US:Consumer Sentiment
10:00 AM ET
We can identify the falling wedge chart pattern on WISH. As a result, we can anticipate a rebounce towards the fibo level.RSI Divergence also shows a reversal happening soon.
Hello traders and investors! 👋👋😄
I was excited to see that we have reached my first bull point for ADA after bouncing up and out of a major trend (blue-dashe -line.)I am now looking for some type of retest/come down a little bit before more up.🤍👀
Let's see how price action behaves once (and if) we reach approximately ~1.71, and potentially take some profit...
Market tested Fibonacci 50% level of yesterday's RTH session during overnight few times.
Any test of such level again could provide direction for the day.
Level to watch 4221 --- 4223
Report to watch:
US: EIA Petroleum Status Report
10:30 AM ET
Pair Name:AUD/USD
Timeframe: D1
Analysis way: Technical analize
Bearish break:
Great Sell Chance After Break 0.77100 Area
Bullish break:
Great Buy Chance After Break 0.77900 Area
Selling from yesterday continued during ETH session to bounce at around 4200 even number which is also around Fibonacci level.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4221 --- 4223
Report to watch:
US: EIA Natural Gas Report
10:30 AM ET
Market has traded at ATH during ETH session and we might see sellers at those levels.
If Bulls want to continue this rally, they will have to take out ETH High.
Level to watch 4235 --- 4233
Report to watch:
US:JOLTS
10:00 AM ET
During ETH session market tested Friday's Low and bounced, which means that Bulls could be in control.
Any test of Friday's High could provide direction for the day.
Level to watch 4232 --- 4230
BTC currently in ascending channel since beginning of 2020. In current time it's ready to kiss bottom line of channel. I'm guest there are three ways predict about BTC future route.
01) It may goes without kissing bottom line and kiss upper line before end of this year 2021 and it can be passed $100K.
02) It may kissed the bottom line and do the same as...
Bulls are trying to rally and currently trading above yesterday's High.
Any test of yesterday's High could provide direction for the day.
Level to watch 4202 --- 4200
Report to watch:
US:Factory Orders
10:00 AM ET
ETH broke the supply zone, and it seems like it wants to close above the supply zone, so will wait for it to confirm if it's want to go up or will test the supply zone again. If it goes up, I will look for entry just below my 0 zone, since the last high was made there, if it goes below, I will look for a 38% zone to enter or even lower than that.
Market is going to open at gap down due to sell off during ETH session.
Any test of ETH Low could provide direction for the day.
Level to watch 4182 --- 4180
Reports to watch:
US:ISM Services Index
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
US:EIA Petroleum Status Report
11:00 AM E
ETH High this morning is same as Fibonacci 38.2% level of yesterday's RTH session.
Any test of ETH High could provide direction for the day.
Level to watch 4206 --- 4204
Report to watch:
US:Beige Book
2:00 PM ET
Market has rallied close to ATH during ETH session which could bring out sellers.
Any test of ETH High could provide direction for the day.
Level to watch 4225 --- 4227
Technical Analysis - Will be watching PYPL closely for it to break out of this Symmetrical-triangle. Bullish bat harmonic pattern within the triangle and a double-bottom off of the uptrend line. Some key levels to watch, personally am bullish
**Not Financial Advice**
