Trading Edges That Last
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Lawrence's Comment Recap Gap below previous week low and started a mini crash to not just our closest 12800 (Y-2) target. It also tagged Y-3 quickly. That kind of moves ...READ MORELawrence's Comment Recap Cannot clear previous week close and led to all out selloff down to Y-3 target. Bounced from Y-3 and tested Y-1 from below. Closed the week below Y-1 and ...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 MORELawrence's Comment Recap Pullback to my support and then continue to match higher. Stopped at 100% absolute range expansion. Closed the week near week high and above Y+1. Outlook A monthly breakout in the ...READ MOREPrecog Vision – Forex 2018-5-3Intraday Cycle Projection (EURUSD) 2015-07-02Dow 30 Apr 16 to Apr 20 OutlookHot n Cold (EURUSD) 2012-8-28GBPUSD Jul 13 to Jul 17 OutlookIntraday Cycle Projection (EURUSD) 2012-06-13Precog Vision – Forex 2021-11-18GBPUSD May 03 to May 07 OutlookUSDJPY Jan 14 to Jan 18 OutlookHot n Cold (EURUSD) 2015-3-13
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EURUSD Feb 14 to Feb 18 Outlook
Lawrence’s Comment
Text book STOPD move on this pair again. Broken Y-1 first, meaning more downside is to be expected, then rallied back to the sell zone mentioned last week. Once the sell zone was tagged, 2nd leg selloff all the way back down to week low. Closed the week at Y-1.
Outlook
As long as B-0 is acting as resistance, long is still out of the question. The likely downside target is B-2. Should the pair rally above B-0, will be looking for quick rally to B+1 and then B+2.
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