Trading Edges That Last
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Lawrence's Comment Recap Traded similarly to Dow, sold off to Y-2 and bounced back upto Y-1 to close the week. Outlook Trade above B-0 and that it turns into support, Y+1 will be ...READ MORELawrence's Comment Recap Y-1 support earlier in the week led to stop run back up to Y+1. Brexit spike reversal gave us the Y-3 breakout target. Closed the week near Y-2 and ...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 MOREPrecog Vision – Forex 2021-6-29Precog Vision – Forex 2022-5-19Intraday Cycle Projection (USDCAD) 2020-08-04USDCAD Aug 14 to Aug 18 OutlookNasdaq 100 Jul 18 to Jul 22 OutlookUSDJPY Jun 27 to Jul 01 OutlookPrecog Vision – Forex 2021-8-263DP Odds Table (USDCAD) 2015-04-28Precog Vision – Forex 2014-11-27Dow 30 Feb 25 to Mar 01 Outlook
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USDCAD Mar 12 to Mar 16 Outlook
Lawrence’s Comment
Rally all the way back to original resistance underneath Y+1. 1-2-3 sell off from there back to almost Y-1. Closed the week between Y-0 and Y-1.
Outlook
Inside week. Decidedly rejected 1.00. A triangle has formed on 4 hour thus the pair is now in breakout mode.
For next week, breakout should points to either B+2 (upside) or B-2 (downside).
Not interested in playing this pair if it stays inside the triangle.
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