Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORE
Lawrence's Comment Recap Y-0 resistance sent ninja down to Y-1. Y-1 failed to hold it up and led to a slide down to Y-2 and a retest of the spike low at ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Got Y+1 early in the week. But not holding Y-0 at all as cable collapsed back down to below Y-1. Yet it did not stay below Y-1. Another push ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORE3DP Odds Table (GBPUSD) 2018-07-26Precog Vision – Forex 2014-12-12USDJPY Oct 19 to Oct 23 OutlookPrecog Vision – Forex 2011-7-27Weekly Cycle Projection (GBPUSD) 2014-11-173DP Odds Table (GBPUSD) 2011-07-28GBPUSD Apr 08 to Apr 12 OutlookWeekly Cycle Projection (GBPUSD) 2021-12-20Precog Vision – Forex 2017-2-14EURUSD Aug 30 to Sep 03 Outlook
As Featured In
GBPUSD Nov 11 to Nov 15 Outlook
Lawrence’s Comment
Strong reaction to Y-1 as expected. Bounced all the way back to Y-0 and more. 1.61 breakdown level retested and stopped the run. First test led to a drop back down to the midpoint for the week. 2nd attempt led to a break of the midpoint. Closed the week below Y-0 and near midpoint.
Outlook
The normal bounce and failure attempts to go higher are in place. As long as Y-0 to B+1 acting as resistance, looking for retest of B-1. A break of B-1 can lead to a very significantly change in outlook on weekly and monthly.
Share