Trading Edges That Last
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Lawrence's Comment Recap Formed a bottom early in the week and rallied above Y+1 as expected. Did not quite reach the upside target. Closed the week above Y+1 and at the ...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 MOREIntraday Cycle Projection (USDJPY) 2016-09-12EURUSD May 07 to May 11 Outlook3DP Odds Table (USDJPY) 2017-08-113DP Odds Table (USDJPY) 2018-06-27GBPUSD Jul 25 to Jul 29 OutlookPrecog Vision – Forex 2011-10-26Intraday Cycle Projection (USDJPY) 2019-03-183DP Odds Table (USDJPY) 2017-09-22Precog Vision – Forex 2019-9-203DP Odds Table (USDJPY) 2016-11-09
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USDJPY Nov 04 to Nov 08 Outlook
Lawrence’s Comment
The easiest play of last week. Found support, zoomed back up to above Y+1 target as mentioned last week. Sharp pullback to almost Y-0 and then popped higher. Closed the week above Y+1 and near week high.
Outlook
Easy part of the rally has completed. Now deepending on first test of the 99 resistance, there are 2 possible outcomes. A clean breakout will allow Ninja to zoom straight up to B+2 and above.
Any weaker attempt will lead to consolidation with support around Y+1 / B-0.
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