Trading Edges That Last
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Lawrence's Comment Recap Retest of Y+1 as expected. Failed to clear it, gave us consolidation above Y-0. Closed the week above Y-0 and near midpoint. Outlook Inside week and extreme tight range. Breakout play ...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 MOREIntraday Cycle Projection (AUDUSD) 2021-06-02Precog Vision – Forex 2022-5-18Nasdaq 100 May 11 to May 15 Outlook3DP Odds Table (AUDUSD) 2015-07-07Intraday Cycle Projection (AUDUSD) 2022-04-01GBPUSD Apr 03 to Apr 07 OutlookIntraday Cycle Projection (AUDUSD) 2015-04-06GBPUSD Apr 28 to May 02 OutlookPrecog Vision – Forex 2015-8-4Intraday Cycle Projection (AUDUSD) 2016-05-23
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AUDUSD Oct 05 to Oct 09 Outlook
Lawrence’s Comment
Y-1 retest as expected. Y-1 support gave us a run for Y-0. Y-0 tagged and Aussie went sideway since. Closed the week below Y-0 and above midpoint.
Outlook
Double bottom setup on 4 hours points to a slow drift up to above B+1 / 0.71 crime scene as long as B-0 acting as support. Breakingn below B-0 points to a retest of Y-1 / B-1 but it is not necessary to go much lower because Aussie is sitting on top of longer term support zone here.
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