Trading Edges That Last
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Lawrence's Comment Recap No pullback / no double top continuation from the week before last week. How? By gapping thru Y+1 and zoom up to Y+2. Outlook Clear short squeeze in progress with ...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 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 MOREIntraday Cycle Projection (USDCAD) 2011-08-25USDCAD Jun 27 to Jul 01 OutlookGBPUSD Jun 17 to Jun 21 OutlookPrecog Vision – Forex 2018-9-6Dow 30 Oct 17 to Oct 21 Outlook3DP Odds Table (USDCAD) 2019-05-06Precog Vision – Forex 2011-5-16Nasdaq 100 Jul 16 to Jul 20 Outlook3DP Odds Table (USDCAD) 2012-12-05Precog Vision – Forex 2019-10-7
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USDCAD Apr 30 to May 04 Outlook
Lawrence’s Comment
Resistance zone worked out giving us a flush to below Y-1 in one slow drop. Y-1 turned into resistance and closed the week at week low.
Outlook
Y-2 is still in play.
A quick flush to Y-2 and bounce back above B-1 could signal a short term bottom with consolidation near B-0 area.
Taking out B-0 quickly from below will send loonie back to B+1.
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