Trading Edges That Last
- You May Also LikeFor 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 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 MORE
Lawrence's Comment Recap 4 Hour down channel break. Weekly bull flag breakout. Tagged and cleared weekly resistance. Closed the week above Y+2 and near week high. Outlook The breakout momentum points to ...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 Bullish setup wroked out with Y+2 tagged. Since then weaknesses kicked in and dropped to Y-1. Closed the week near Y-1 and week low. Outlook Outside reversal week is ...READ MOREEURUSD Sep 24 to Sep 28 OutlookIntraday Cycle Projection (GBPUSD) 2012-03-08Precog Vision – Forex 2019-10-7Precog Vision – Forex 2016-3-24USDJPY May 25 to May 29 OutlookGBPUSD Jul 06 to Jul 10 OutlookHot n Cold (GBPUSD) 2021-1-8Precog Vision – Forex 2020-11-3Weekly Cycle Projection (GBPUSD) 2019-10-07S&P 500 Jun 13 to Jun 17 Outlook
As Featured In
GBPUSD May 02 to May 06 Outlook
Lawrence’s Comment
Upside breakout of Y+1 confirmed the bullish scenario with Y+2 tagged. Consolidation since. Closed the week near Y+2 and above midpoint.
Outlook
Rising wedge potential means a break of the support line will easily send cable back down to B-1. Cable is entering the highest risk time window now as Brexit vote is too close to ignore. Beware of news shock everyday.
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