Trading Edges That Last
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Lawrence's Comment Recap Bearish weaknesses persisted in the beginning of the week yet Y-1 was never challenged even though ES sold off from Y-0 quickly. 2nd challenge at Y-0 from below cleared ...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 Nothing happened to Euro, so cable stayed there in consolidation. Y+1 resistance sent cable back down to Y-0 and then it took off to new high. Equal distance from ...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 MOREPrecog Vision – Forex 2022-11-28S&P 500 Apr 21 to Apr 25 OutlookPrecog Vision – Forex 2020-11-303DP Odds Table (GBPUSD) 2021-12-01Hot n Cold (GBPUSD) 2011-10-28GBPUSD Feb 23 to Feb 27 Outlook3DP Odds Table (GBPUSD) 2018-04-10Intraday Cycle Projection (GBPUSD) 2015-07-213DP Odds Table (GBPUSD) 2016-04-22Precog Vision – Forex 2018-2-19
As Featured In
GBPUSD Mar 17 to Mar 21 Outlook
Lawrence’s Comment
Rejected upper end of the 3 week range gave us a run back down to the bottom of the range. Not a difficult play at all. Y-2 was tagged and led to a strong bounce. However, Y-0 stopped the run and forced a drop back down to below Y-1. Closed the week near Y-1 and below midpoint.
Outlook
Still trapped inside the same range. Compression on daily has reached critical level. A breakout of this range should give us the normal breakout target.
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