Trading Edges That Last
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Lawrence's Comment Recap The chance to even test Y-1 was not there. NQ simply rejected Y-1 and zoomed back above Y-0. That paved way to Y+1 within the week. Continued to struggle ...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 Upside triangle did not break to the downside at all. Instead, formed an up channel and drifted higher and paused after 50% of prior week range is reached. ...READ MORE3DP Odds Table (USDCAD) 2019-05-06Precog Vision – Forex 2013-4-183DP Odds Table (USDCAD) 2018-12-12Nasdaq 100 Feb 04 to Feb 08 OutlookPrecog Vision – Forex 2018-6-15AUDUSD Aug 22 to Aug 26 OutlookIntraday Cycle Projection (USDCAD) 2016-09-163DP Odds Table (USDCAD) 2013-11-15Intraday Cycle Projection (USDCAD) 2021-08-31Hot n Cold (USDCAD) 2023-1-20
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USDCAD Oct 10 to Oct 14 Outlook
Lawrence’s Comment
Double news shock. First one sending the pair higher but it failed to stay above Y+1. Second one dropping the pair below Y-0 yet failed to keep it below Y-0 and closed the week above Y-0 near B-0.
Outlook
The 2 rejection moves is telling us that Loonie is sitting at a zone it is comfortable in.
Consolidation around B-0 is expected until the boundary Y-1 or B+1 is violated.
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