Trading Edges That Last
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Lawrence's Comment Recap Couldn't form a low early in the week above 4100 led to the expected stop hunt mentioned last week. Since then NQ gapped back up above 4100 and fought ...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 Wait and see mode as mentioned last week. Previous week close acted as support sending ninja back up to Y-0 and then back up to the crime scene right ...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 MORENasdaq 100 Oct 05 to Oct 09 Outlook3DP Odds Table (GBPUSD) 2022-05-20Precog Vision – Forex 2015-3-17Intraday Cycle Projection (GBPUSD) 2016-09-21USDJPY Sep 14 to Sep 18 OutlookIntraday Cycle Projection (GBPUSD) 2016-09-06Hot n Cold (GBPUSD) 2022-6-10Intraday Cycle Projection (GBPUSD) 2014-09-29Intraday Cycle Projection (GBPUSD) 2020-06-05Precog Vision – Forex 2019-10-7
As Featured In
GBPUSD Oct 31 to Nov 04 Outlook
Lawrence’s Comment
As stated last week, stairstep rally in place. Upside target of Y+2 tagged by end of the week.
Outlook
Stairstep rally is very difficult to snap out of, thus it is not a good idea to fade the strength at this point in time.
Several pocket zones are left behind that once some form of top is place (e.g. double top, 1-2-3 sell off important resistance zone) then cable will slide back down to these pockets quickly. Y-0 is the closet one at the moment.
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