Recap Consolidated around previous week close. Took out Y+1 as expected from the slight upside bias. Closed the week below midpoint and above Y-0.
Outlook Y-0 next tell tale zone. Rejection of Y+1 points to a test of at least Y-0. Since it did not happen last week we will likely get it this week. As long as B-0 is not breached on retest, B-2 is also in play.
Lawrence's Comment
Recap
As expected, intervention or not, euro sold off from our resistance area down to below our target zone. Then range expansion to the downside until Y-4 is tagged. ...
ContentReviewEuro Not Ready To Move YetS&P Moment of TruthGold Pullback Window Almost OverBig Picture SummaryReviewEuro is stuck as expected thanks to Brexit and other mess they are dealing with.S&P managed ...
Quid Piker is a mechanical forex trading system designed to trade British Pound. It is profitable consistently since it was created more than 10 years ago. It is not a ...
USDJPY Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Consolidated around previous week close. Took out Y+1 as expected from the slight upside bias. Closed the week below midpoint and above Y-0.
Outlook
Y-0 next tell tale zone. Rejection of Y+1 points to a test of at least Y-0. Since it did not happen last week we will likely get it this week. As long as B-0 is not breached on retest, B-2 is also in play.
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