Recap Not able to clear even previous week close, we got a selloff straight down to my target Y-3 area. Closed the week below Y-2 and near week low.
Outlook The selloff will accelerate quickly should B-2 fails to act as support. To produce a short term bottom, we need to see proper bottoming pattern to form on daily.
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Lawrence's Comment
Recap
NQ was the strongest going into the week and its strength helped staging a double bottom right from the beginning of the week to break above Y+1 ...
Lawrence's Comment
Recap
Bounced from Y-1 first but failed to go much higher as euro failed to go much further above Y-0. 3 pushes up ended the rally and by the ...
EURUSD Feb 29 to Mar 04 Outlook
Lawrence’s Comment
Not able to clear even previous week close, we got a selloff straight down to my target Y-3 area. Closed the week below Y-2 and near week low.
Outlook
The selloff will accelerate quickly should B-2 fails to act as support. To produce a short term bottom, we need to see proper bottoming pattern to form on daily.
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