Trading Edges That Last
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Lawrence's Comment Recap The cleanest swing bottom for a long while. The exact formation I was looking for last week, bottom formation clearing resistance, happened and gave us Y+2 normal ...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 2014-9-4Precog Vision – Forex 2019-4-25Intraday Cycle Projection (USDCAD) 2016-12-26USDCAD Dec 24 to Dec 28 Outlook3DP Odds Table (USDCAD) 2011-12-23GBPUSD Jul 20 to Jul 24 OutlookEURUSD Jan 15 to Jan 19 OutlookPrecog Vision – Forex 2021-2-12Precog Vision – Forex 2020-5-12Intraday Cycle Projection (USDCAD) 2017-07-07
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USDCAD May 13 to May 17 Outlook
Lawrence’s Comment
Went lower as expected. It was interesting that it dropped in a slow 3 pushes down pattern. Before Y-2 was tagged, the pattern zoomed the pair back up to where it started at Y-0. Closed the week above midpoint and below Y-0.
Outlook
Part of the overall US dollar strengthening as the effect of BOJ’s action has now leaked into the other pairs. As long as B-0 acting as support, retest of B+1 is likely. Looking for B+2 to be challenged as long as Y-1 can hold this pair up should it choose to push below B-0.
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