Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Another week of consolidation as expected. Bear flag in beginning of the week drove the price down to Y-1 for a retest. W. spring formed and sent it back ...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 MORELawrence's Comment Recap Drifted lower as expected. Found support at previous spike low and bounced back up to Y-0. Closed the week below Y-0 and above midpoint. Outlook The consolidation is likely ...READ MOREUSDCAD Apr 13 to Apr 17 OutlookWeekly Cycle Projection (USDJPY) 2012-09-103DP Odds Table (USDJPY) 2021-11-05Intraday Cycle Projection (USDJPY) 2012-11-29Precog Vision – Forex 2018-11-263DP Odds Table (USDJPY) 2018-10-25Hot n Cold (USDJPY) 2011-9-22Precog Vision – Forex 2021-5-12USDCAD Feb 23 to Feb 27 OutlookIntraday Cycle Projection (USDJPY) 2023-04-21
As Featured In
USDJPY Nov 23 to Nov 27 Outlook
Lawrence’s Comment
Spike low against Y-1 as mentioned last week points to a retest of Y+1. Got the retest and stronger reaction this time sent ninja back down to below Y-0. Closed the week below Y-0 and midpoint.
Outlook
2nd rejection of Y+1 from an outside week points to further weaknesses. as long as Y-0 é B-0 acting as resistance, we get B-1 and below. It may not be a very strong selloff, just pressing ninja back down to test the crime scene near Y-2 that started the short squeeze 2 weeks ago.
Share