Trading Edges That Last
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Lawrence's Comment Recap NQ never traded lower to test B-1, forming a dirty bottom and squeeze higher. This led to weaknesses at Y+1 and double top. Once the selloff started it can ...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 MOREPrecog Vision – Forex 2019-6-24Intraday Cycle Projection (USDJPY) 2016-10-253DP Odds Table (USDJPY) 2011-07-22Nasdaq 100 Apr 07 to Apr 11 OutlookPrecog Vision – Forex 2012-4-233DP Odds Table (USDJPY) 2011-05-11Intraday Cycle Projection (USDJPY) 2022-01-193DP Odds Table (USDJPY) 2023-05-023DP Odds Table (USDJPY) 2020-08-313DP Odds Table (USDJPY) 2015-03-13
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USDJPY Apr 18 to Apr 22 Outlook
Lawrence’s Comment
Once Y-0 was breached, we get our target Y-2. Pretty easy, isn’t it?
Outlook
B-1 is potentially a strong support level as many shorts are trapped underneath.
If B-1 acts as support early next week, B-0 will be tested. That is the tell tale zone whether this rally has legs.
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