Recap Easiest play of the week. As expected, any pullback is a buy until Y+2 is tagged. And the last of week melt up tagged both Y+2 and Y+3 in one shot making it a nice surprise.
Outlook B+1 will be taken out quickly. As long as B-0 to Y+2 acts as support more upside is expected. There is a 50/50 chance for consolidation within B-0 to B+1.
For 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 schedule
Lawrence's Comment
Recap
NQ attempt Y+1 and produced a FBO on daily. This gives us Y-1 target. NQ sold off to 100% absolute range and tried to bounce. Closed the week below ...
EURUSD Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Easiest play of the week. As expected, any pullback is a buy until Y+2 is tagged. And the last of week melt up tagged both Y+2 and Y+3 in one shot making it a nice surprise.
Outlook
B+1 will be taken out quickly. As long as B-0 to Y+2 acts as support more upside is expected.
There is a 50/50 chance for consolidation within B-0 to B+1.
Share