Trading Edges That Last
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I often mention that when a major pair crosses its previous week midpoint, certain bias is triggered. Somehow many readers find it difficult to follow the concept. This is a ...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 MORE3DP Odds Table (AUDUSD) 2013-09-27Intraday Cycle Projection (AUDUSD) 2015-04-03Precog Vision – Forex 2020-8-28Weekly STOPD Pattern: Forex Bearish Midpoint Cross3DP Odds Table (AUDUSD) 2013-10-283DP Odds Table (AUDUSD) 2016-06-20Intraday Cycle Projection (AUDUSD) 2017-10-193DP Odds Table (AUDUSD) 2017-06-02Precog Vision – Forex 2013-4-4Intraday Cycle Projection (AUDUSD) 2017-01-26
As Featured In
AUDUSD Oct 03 to Oct 07 Outlook
Lawrence’s Comment
Aussie unfolded exactly as expected. Bounced back to Y-0 and stalled from there since. Retest of Y-1 happened at the end of the week. Closed the week at Y-1.
Outlook
Critical week.
Breaking below B-1 will create a flush down to, as a minimum, B-2. B-3 will be the more likely target before a pause.
Double bottom from B-1 with a breakout above B+1 can send Aussie all the way back up to B+3.
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