Trading Edges That Last
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Lawrence's Comment Recap As stated last week, stairstep rally in place. Upside target of Y+2 tagged by end of the week. Outlook Stairstep rally is very difficult to snap out of, thus it ...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 2017-2-28Intraday Cycle Projection (USDJPY) 2022-02-223DP Odds Table (USDJPY) 2019-10-07Intraday Cycle Projection (USDJPY) 2023-04-18Intraday Cycle Projection (USDJPY) 2014-05-01GBPUSD Oct 31 to Nov 04 OutlookPrecog Vision – Forex 2017-4-13Intraday Cycle Projection (USDJPY) 2022-08-02Precog Vision – Forex 2023-3-13Intraday Cycle Projection (USDJPY) 2022-07-04
As Featured In
USDJPY Dec 10 to Dec 14 Outlook
Lawrence’s Comment
As expected, total sideway action all week. slided down to Y-1 and bounced. Pushed thru Y-0 and tried to breakout upside above Y+1 failed. Closed the week near midpoint and Y-0.
Outlook
Election on 16th. Not going to touch this pair until it is over.
Chart pattern is consolidation breakout mode. As original direction was up before entering the consolidation, upside breakout has a slight edge over a breakdown.
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