Trading Edges That Last
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Lawrence's Comment Recap Y-1 held early in the week and then staged a higher low breakout to the upside. Tagged Y+2 by end of the week. Closed the week above ...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 2017-8-11Intraday Cycle Projection (USDJPY) 2022-05-11Hot n Cold (USDJPY) 2012-10-4Intraday Cycle Projection (USDJPY) 2013-10-173DP Odds Table (USDJPY) 2014-03-07USDCAD Aug 07 to Aug 11 OutlookEURUSD Oct 08 to Oct 12 OutlookWeekly Cycle Projection (USDJPY) 2021-06-07Precog Vision – Forex 2014-6-18Precog Vision – Forex 2022-12-13
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USDJPY May 11 to May 15 Outlook
Lawrence’s Comment
Ninja tried to hold previous week close early in the week. It even spiked higher but failed to stay above Y+1. FBO led to a drop to Y-0 and below. Found support and bounced. Closed the week above Y-0 and near midpoint.
Outlook
FBO against Y+1 points to potential drop to Y-1 all the way. For the weekly to bottom out, B-1 support is now important. If B-1 acts as support, Ninja will get another chance to retest B+1.
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