Recap Continuation drop turned into falling wedge and bottom out. Reversal forced a test of the crime scene of the breakdown. Closed the week below Y-1 and midpoint.
Outlook B-1 retest likely. B-2 continuation target.
Recap
Made a deep pullback but finally reacted similarly like Aussie. Completed the week by tagging the target Y+1.
Outlook
As long as B-0 acts as support, B+2 is next target.
A ...
Lawrence's Comment
Recap
Y+1 did not act as resistance at all making the bearish scenario impossible. Continuation points to Y+2. Once it was tagged price no longer stable. Sharp pullback to Y+1 ...
Lawrence's Comment
Recap
Intense fight at Y-0 for control early in the week. Bulls won the battle and led to breakout above Y+1 and tagged Y+2. Closed the week above Y+1 and ...
Lawrence's Comment
Recap
Avoided Y-1 in beginning of the week and rallied all the way to almost Y+1. Clean 1-2-3 sell from there gave us the breakout trade I mentioned ...
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Lawrence's Comment
Recap
NQ started the week trading above Y+1 opening the door to Y+2 and Y+3 for 100% range expansion. Y+3 tagged with NQ going sideway a bit. End of week ...
EURUSD Sep 05 to Sep 09 Outlook
Lawrence’s Comment
Continuation drop turned into falling wedge and bottom out. Reversal forced a test of the crime scene of the breakdown. Closed the week below Y-1 and midpoint.
Outlook
B-1 retest likely. B-2 continuation target.
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