Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap As expected Y-1 failed to hold as support and another new low was made last week. Closed the week below Y-1 and midpoint. Outlook Weaknesses persisted but range has ...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 MOREContent Review Euro Bear Market Actions Continue S&P Outside Year Established Gold Yearly Range Expansion Play ...READ MOREBearish Discharge is a day trading system designed to work with Euro and British Pound. It is a very consistent trading model for many years. The trading setup does not ...READ MORE3DP Odds Table (GBPUSD) 2019-07-313DP Odds Table (GBPUSD) 2019-06-06USDCAD Aug 20 to Aug 24 OutlookIntraday Cycle Projection (GBPUSD) 2011-06-28Precog Vision – Forex 2011-6-3Intraday Cycle Projection (GBPUSD) 2020-07-29EURUSD Jun 13 to Jun 17 Outlook3DP Odds Table (GBPUSD) 2021-09-10MBO Issue 56 (Aug 2016) Summer Games andForex Trading Signal: Bearish Discharge
As Featured In
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.
Share