Trading Edges That Last
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Lawrence's Comment Recap Mon/Tue produced a swing high allowing us to join the continuation sell later in the week. Closed the week below Y-0 and near week low. Outlook The selling is not completed. ...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 Got the upside breakout we are looking for. Closed the week back down at midpoint above Y-0. Outlook Need Y-0 to act as support and rally above Y+1 again. ...READ MOREAUDUSD Apr 21 to Apr 25 OutlookHot n Cold (AUDUSD) 2021-12-33DP Odds Table (AUDUSD) 2015-01-023DP Odds Table (AUDUSD) 2012-09-20Intraday Cycle Projection (AUDUSD) 2020-11-11Intraday Cycle Projection (AUDUSD) 2016-09-16Precog Vision – Forex 2015-4-2Intraday Cycle Projection (AUDUSD) 2021-03-08USDJPY Jan 23 to Jan 27 OutlookAUDUSD Oct 16 to Oct 20 Outlook
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AUDUSD May 02 to May 06 Outlook
Lawrence’s Comment
Congestion as expected in the beginning of the week. Then took off to target mentioned last wee, pause, and then finish the move by tagging Y+2. Closed at the high of the week.
Outlook
Momentum is too strong to stop at B+1. The likely price level to stall from is Y+3 to B+2 zone.
The less likely scenario is that a sharp turn from B+1 breaking B-0 means the rally is potentially over.
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