Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Y-1 rejected in the beginning of the week leading to a run to Y-0 / open gap resistance zone. Dow failed to stay above Y-0 giving us a go ...READ MORELawrence's Comment Recap As mentioned last week, downtrend has established. Resistance zone worked out as expected, sending Aussie down to Y-5. Outlook Downtrend intact. The range expansion from last week created an oversold ...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 MOREEURUSD Oct 31 to Nov 04 OutlookPrecog Vision – Forex 2019-2-25Precog Vision – Forex 2017-5-8Hot n Cold (AUDUSD) 2015-1-2Weekly Cycle Projection (AUDUSD) 2020-09-21Intraday Cycle Projection (AUDUSD) 2013-10-14Dow 30 Aug 04 to Aug 08 OutlookAUDUSD Sep 26 to Sep 30 OutlookPrecog Vision – Forex 2019-10-73DP Odds Table (AUDUSD) 2012-04-09
As Featured In
AUDUSD Sep 10 to Sep 14 Outlook
Lawrence’s Comment
Instead of a regular bottom, we got a flush first below Y-2. Then a mini double bottom on hourly started the short squeeze we’ve been looking for. After clearing Y-1, the target Y+1 was then in play. Closed the week above Y-0 and at the week high.
Outlook
This week a test of Y+1 is very likely.
If it is cleared quickly, then a consolidation around B+1 within Y-0 to Y+1 is a signal of continuation run to B+2.
Share