Trading Edges That Last
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Lawrence's Comment Recap Cleared my resistance zone. Landed at target Y+3. Good enough for me. Closed the week at Y+3 and near week high. Outlook Two possible scenarios. First, consolidation around or above B+1 ...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 Euro attempted to go lower yet not able to break Y-1. Cleared Y-0 right after yet not able to push higher. Consolidation actions until NFP Friday that led to ...READ MORELawrence's Comment Recap Y-0 support gave us the breakout I was looking for. Got Y+2 and paused there. And then the big news on gold helped Aussie clearing the resistance with a ...READ MORELawrence's Comment Recap No trend as expected. Y-1 acted as support and gave us a drift up until 100% absolute range expansion was reached. Closed the week above Y-0 and midpoint. ...READ MORELawrence's Comment Recap Y-0 resistance gave us a drop below Y-1. Down channel bottom acted as support again allowing Aussie drift back up. 2nd test of Y-0 resistance did not clear it ...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 MOREUSDJPY May 13 to May 17 OutlookPrecog Vision – Forex 2021-12-29EURUSD Oct 05 to Oct 09 OutlookAUDUSD Oct 21 to Oct 25 OutlookUSDCAD Jul 11 to Jul 15 OutlookAUDUSD May 05 to May 09 Outlook3DP Odds Table (EURUSD) 2012-09-13Precog Vision – Forex 2019-10-7Intraday Cycle Projection (EURUSD) 2018-01-25Precog Vision – Forex 2021-3-19
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EURUSD Mar 28 to Apr 01 Outlook
Lawrence’s Comment
Made new high early in the week. A complex 3 push formation sent the pair lower to 50% absolute expansion and bounded from there. 1-2-3 sell off from Y+1 late in the week dropped euro to close at low of the week.
Outlook
Last week whole week is a big 1-3- formation, should B-1 fail to act as support, a drop to B-3 is expected.
A rare scenario may unfold if B-1 is not breached early in the week then a quick rally to B+1 or slightly higher around 1.43 is possible.
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