Recap The rare scenario unfolded with a w. spring at Y-1. That rejection of the previous week low points to a retest of its high. The test arrived at the end of the week.
Outlook Uptrend continue. B+2 is next landing zone.
Bear Putting is the concept of taking advantage of an established down move to capture a part of the move from its remaining momentum to the down side. Similar to ...
Lawrence's Comment
Recap
The likely (normal) scenario did not happen and Y-0 was taken out by a gap. Mid gap acted as support and rallied to upside target of Y+1 and ...
Lawrence's Comment
Recap
Tricky week indeed. Dow opened above Y+1 invalidated the normal pullback scenario. Y+1 acting as support since and eventually led to end of week rally to close at month ...
EURUSD Apr 04 to Apr 08 Outlook
Lawrence’s Comment
The rare scenario unfolded with a w. spring at Y-1. That rejection of the previous week low points to a retest of its high. The test arrived at the end of the week.
Outlook
Uptrend continue. B+2 is next landing zone.
Share