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Bearish Discharge is a day trading system designed to work with Euro and British Pound. It is a very consistent trading model for many years. The trading setup does not ...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 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 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 MORE3DP Odds Table (EURUSD) 2014-11-18Weekly Cycle Projection (EURUSD) 2012-07-16Forex Trading Signal: Bearish DischargeIntraday Cycle Projection (EURUSD) 2019-05-313DP Odds Table (EURUSD) 2020-09-213DP Odds Table (EURUSD) 2022-01-17Dow 30 Nov 13 to Nov 17 OutlookPrecog Vision – Forex 2022-7-11Precog Vision – Forex 2017-10-31Precog Vision – Forex 2011-12-29
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EURUSD Mar 07 to Mar 11 Outlook
Lawrence’s Comment
Y-0 acting as support, rallied to Y+1 as expected. Without any significant selloff formation pulled back to slightly higher than Y-0 and took off again, this implied Y+2 was the target and it was tagged by end of the week.
Outlook
No signs of weaknesses yet. Weekly range expanded. More upside is likely. The hard part is to find a lower risk entry. Drifting back to B-0 with B-0 acting as support points to a retest of B+1. Fast drop back to B-0 means consolidation for the coming week.
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