Trading Edges That Last
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Lawrence's Comment Recap Y-1 acted as support early in the week sending this back up to the down channel top. Channel resistance forced a turn lower and we got the channel support ...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 False breakout to the upside first. Confirmed failure points to selloff to original tight range bottom at around Y-2. Downside breakout of the tight range after tagging Y-2. ...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 Downside target mentioned last week tagged and led to a weak bounce. Consolidation around Y-1 since and eventually Y-1 turned into resistance. Closed the week below Y-1 and near ...READ MORELawrence's Comment Recap Unlike Dow or S&P, NQ was forced to breakout upside when both Dow and S&P both moving up strongly. It has been a long while since last ...READ MOREUSDCAD Nov 24 to Nov 28 Outlook3DP Odds Table (USDCAD) 2016-01-14Precog Vision – Forex 2019-2-4EURUSD Sep 05 to Sep 09 OutlookS&P 500 Sep 19 to Sep 23 Outlook3DP Odds Table (USDCAD) 2020-04-06Precog Vision – Forex 2023-1-17Intraday Cycle Projection (USDCAD) 2018-03-28GBPUSD Aug 15 to Aug 19 OutlookNasdaq 100 Jul 23 to Jul 27 Outlook
As Featured In
USDCAD Mar 21 to Mar 25 Outlook
Lawrence’s Comment
Upside breakout in the classic 1-2-3 setup, 200% upside expansion target (Y+3) tagged quickly and pulled back to Y+1 as support. Bounced between Y+3 and Y+1 since. Closed the week above B-0 midpoint.
Outlook
The violent up swing has broken the daily level downtrend. If the pair develops a higher low within the B-1 to B-0 zone, B+1 will be taken out in a few weeks time.
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