Recap Capped by previous week close and moved lower as expected. Tagged my downside target and bounced back up since. Closed the week near Y-1 and above midpoint.
Outlook B-1 is a dirty bottom, it will be retested after the late shorts are punished. B+1 to B+2 in play as long as B-0 acting as support.
For 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 schedule
Lawrence's Comment
Recap
Easy play of the week. Dropped the Y-2 as expected and then produced a double bottom there and bounced back up to make a new high for the week. ...
Lawrence's Comment
Recap
Y-0 acted as support as expected and ES took off to tag Y+2 upside target. So precise that it feels like it is executed from a script. ...
For 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 schedule
For 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 schedule
AUDUSD Dec 23 to Dec 27 Outlook
Lawrence’s Comment
Capped by previous week close and moved lower as expected. Tagged my downside target and bounced back up since. Closed the week near Y-1 and above midpoint.
Outlook
B-1 is a dirty bottom, it will be retested after the late shorts are punished. B+1 to B+2 in play as long as B-0 acting as support.
Share