Trading Edges That Last
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Lawrence's Comment Recap As expected, a bounce to Y-0 could not be avoided and that it would not stop the bounce also materialized. The interesting thing is that it was done through ...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 MOREHot n Cold (GBPUSD) 2021-12-24EURUSD Jul 22 to Jul 26 OutlookPrecog Vision – Forex 2019-10-7Intraday Cycle Projection (GBPUSD) 2020-12-16Precog Vision – Forex 2015-2-253DP Odds Table (GBPUSD) 2016-01-25Dow 30 Apr 29 to May 03 OutlookIntraday Cycle Projection (GBPUSD) 2014-07-21Precog Vision – Forex 2013-10-3Intraday Cycle Projection (GBPUSD) 2015-06-10
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GBPUSD Oct 08 to Oct 12 Outlook
Lawrence’s Comment
Slided further down near Y-2 but bounced off before tagging the price level. Rejected by Y-0 as expected. Closed the week near Y-1 and below midpoint.
Outlook
Turning the top formation into a down channel structure. Once B+1 is breached to the upside, we get bull flag continuation.
As long as Y-0 / B+1 acting as resistance, looking for Y-2 to be tagged finally.
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