Trading Edges That Last
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Lawrence's Comment Recap Y-0 turned into support by mid week. Y-0 sent this up to Y+1. Y+2 was eventually tagged. Closed the week above Y+1 and near week high. Outlook The weekly ...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 Aussie failed to clear Y+1, gave us the perfect selloff as mentioned last week back down to Y-2. Y-2 did not even put in a fight and gave us ...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 Most messed up index among the big 3. Held a higher low right from the start of the week and zoomed higher. Then news shock help ES ...READ MOREPrecog Vision – Forex 2021-5-27USDCAD Oct 26 to Oct 30 OutlookPrecog Vision – Forex 2012-5-28AUDUSD Aug 05 to Aug 09 OutlookPrecog Vision – Forex 2017-9-21Intraday Cycle Projection (GBPUSD) 2021-11-02S&P 500 Oct 22 to Oct 26 Outlook3DP Odds Table (GBPUSD) 2011-12-073DP Odds Table (GBPUSD) 2016-12-263DP Odds Table (GBPUSD) 2020-05-06
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GBPUSD Aug 27 to Aug 31 Outlook
Lawrence’s Comment
Breakout to the upside. Destroyed the wedge formation. This kind of breakout usually gives us an explosive move and it has not failed us this time. A quick run to Y+4 before pullback to midpoint of the week to close.
Outlook
A retest of B+1 is likely. From there if no renew buying coming in, can easily fall back down to B-1.
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