Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Y+1 cleared without tagging Y-0 led to breakout push towards Y+3. Thin channel however failed to hold up after the last push and collapsed back down to the crime ...READ MORELawrence's Comment Recap Cable failed to hold Y-1 as expected and dropped to the target zone mentioned last week. It failed to bounce above Y-1, hence the down trend continued until 100% ...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 Y+1 acted as resistance sending Dow back down to the open gap below. Once tagged, Dow bounced back quickly and held the 18000 round number. News shock sent Dow ...READ MORE3DP Odds Table (USDJPY) 2013-01-083DP Odds Table (USDJPY) 2020-09-09AUDUSD Sep 12 to Sep 16 Outlook3DP Odds Table (USDJPY) 2018-01-053DP Odds Table (USDJPY) 2019-10-07GBPUSD Mar 16 to Mar 20 OutlookPrecog Vision – Forex 2017-7-28Dow 30 May 18 to May 22 Outlook3DP Odds Table (USDJPY) 2021-06-09EURUSD Jun 13 to Jun 17 Outlook
As Featured In
USDJPY Jan 27 to Jan 31 Outlook
Lawrence’s Comment
As expected ninja consolidation within Y-0 and Y+1 first. Once Y-0 was breached, we get a go for Y-1. Y-1 tagged and breached by a flush. Closed the week below Y-1 and midpoint.
Outlook
2nd leg on daily pullback in progress. As long as Y-0 to B-0 acting as resistance more downside is expected.
Share