Trading Edges That Last
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Lawrence's Comment Recap Y+1 did not act as resistance at all making the bearish scenario impossible. Continuation points to Y+2. Once it was tagged price no longer stable. Sharp pullback to Y+1 ...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 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 MOREHot n Cold (AUDUSD) 2012-11-30EURUSD Jul 10 to Jul 14 OutlookPrecog Vision – Forex 2016-1-28Weekly Cycle Projection (AUDUSD) 2016-03-28Precog Vision – Forex 2018-5-28Dow 30 Nov 09 to Nov 13 Outlook3DP Odds Table (AUDUSD) 2021-03-19Hot n Cold (AUDUSD) 2014-1-3Precog Vision – Forex 2011-12-2Precog Vision – Forex 2013-11-29
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AUDUSD Jan 14 to Jan 18 Outlook
Lawrence’s Comment
Stayed strong since beginning of the week and zoomed to almost tagging my target of Y+2. Closed the week near Y+1 and midpoint.
Outlook
Last week was a variation of consolidation as it eventually moved back to Y+1.
As long as B-1 to B-0 acts as support, no good reason to go short, yet.
Notice a potential up channel in the making on 4 hours and up.
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