Recap Euro pullback lower as expected and slow week due to Easter holiday. Closed the week below Y-0 and midpoint.
Outlook Inside week with tight range gives us breakout play. Bull side advantage due to bull flag formation. Clearing B-0 points to retest of Y+1 long term resistance zone likely. It is still a potential longer term swing top in the making here.
Lawrence's Comment
Recap
Less likely scenario occurred in beginning of the week. Downside target Y-2 tagged. Bounced right off target. Y-1 failed to hold it down. By end of the ...
Lawrence's Comment
Recap
Dow pushed towards Y+2 and gap thru. Tagged 18500 and stalled. Closed the week above Y+2 and midpoint.
Outlook
Cannot time the end of a parabolic move but if ...
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Lawrence's Comment
Recap
As expected ninja consolidation within Y-0 and Y+1 first. Once Y-0 was breached, we get a go for Y-1. Y-1 tagged and breached by a flush. Closed the week ...
EURUSD Mar 28 to Apr 01 Outlook
Lawrence’s Comment
Euro pullback lower as expected and slow week due to Easter holiday. Closed the week below Y-0 and midpoint.
Outlook
Inside week with tight range gives us breakout play. Bull side advantage due to bull flag formation. Clearing B-0 points to retest of Y+1 long term resistance zone likely. It is still a potential longer term swing top in the making here.
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