Trading Edges That Last
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Lawrence's Comment Recap Compression within Y-1 / Y-0 initially as expectation. Fake out on both ends as expected too. End of week collapse sent cable down to normal Y-2 downside target. Closed ...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 News shock turning the consolidation from the beginning of the week into a odd shaped inverse head and shoulder breaking above Y+1. Minimum target Y+2 of breaking above ...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 (USDJPY) 2015-08-31GBPUSD Jun 13 to Jun 17 OutlookUSDJPY Jul 25 to Jul 29 OutlookPrecog Vision – Forex 2021-1-11EURUSD Sep 18 to Sep 22 OutlookGBPUSD Oct 17 to Oct 21 OutlookIntraday Cycle Projection (USDJPY) 2021-02-013DP Odds Table (USDJPY) 2020-05-20Precog Vision – Forex 2022-1-17EURUSD Dec 18 to Dec 22 Outlook
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USDJPY Apr 25 to Apr 29 Outlook
Lawrence’s Comment
Gap down to Y-1 giving us the perfect setup to produce the strong daily bottom mentioned last week. Clean reversal with breakout of Y+1 gave us Y+3 easily. Closed the week near Y+3 and week high.
Outlook
More upside expected. Consolidation / pullback to Y+2 is reasonable.
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