Recap Expectation of open gap below to be filled has materialized. Took multiple steps of decline to get the job done. Closed the week below Y-2 and midpoint.
Outlook Structure down channel move does not last. If B-1 acts as support, a retest of B-0 / Y-1 zone is likely.
For 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 schedule
Lawrence's Comment
Recap
News shock. Gap down to the downside target first. The funny thing is that the expected rally still happened right after the gap down is completed. Closed ...
For 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 schedule
Lawrence's Comment
Recap
Bearish expectation played out. Downside target Y-2 tagged. Closed the week below Y-1 and midpoint.
Outlook
Similar to NQ, ES is potentially forming a daily down trend. Bulls will ...
Lawrence's Comment
Recap
Y-0 breached early in the week put Y+1 in play. Y+1 tagged but cable failed to hold above it. Stuggled between Y+1 and Y-0 since. Closed the week above ...
GBPUSD Jun 01 to Jun 05 Outlook
Lawrence’s Comment
Expectation of open gap below to be filled has materialized. Took multiple steps of decline to get the job done. Closed the week below Y-2 and midpoint.
Outlook
Structure down channel move does not last. If B-1 acts as support, a retest of B-0 / Y-1 zone is likely.
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