Trading Edges That Last
- You May Also Like
If you have not read the article on Euro Dollar Price Action Biases At Weekly Extremes please do so as I will not go over the basics here again. ...READ MORELawrence's Comment Recap Dow tried to hold support all week but failed to clear Y+1 resistance. Friday breakdown move flushed to Y-3 directly. Closed the week near Y-3 and week low. ...READ MORELawrence's Comment Recap Brexit effect controlling cable all week. FBO Y-1 in the beginning of the week sent cable back up to Y+1. Bull flag on 4 hours pullback to 1.44 round ...READ MOREBritish Pound Price Action Biases At Weekly ExtremesAUDUSD Dec 11 to Dec 15 OutlookIntraday Cycle Projection (EURUSD) 2021-06-29Weekly Cycle Projection (EURUSD) 2017-05-15Intraday Cycle Projection (EURUSD) 2014-08-043DP Odds Table (EURUSD) 2014-06-26Dow 30 Sep 12 to Sep 16 Outlook3DP Odds Table (EURUSD) 2015-09-22GBPUSD May 23 to May 27 Outlook3DP Odds Table (EURUSD) 2015-12-10
As Featured In
EURUSD May 18 to May 22 Outlook
Lawrence’s Comment
B-0 quickly turned into support and sent euro up above Y+1. 100% absolute range expansion stopped the move. Closed the week above Y+1 and near week high.
Outlook
Euro 4 hour and daily is in a form of 3 pushes up. Once Y+1 turning into resistance euro will likely correct back down to below Y-1.
Share