Trading Edges That Last
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Lawrence's Comment Recap News shock turning the consolidation from the beginning of the week into a odd shaped inverse head and shoulder breaking above Y+1. Minimum target Y+2 of breaking 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 MORELawrence's Comment Recap Flush to Y-2 right off the start of the week and produced a double bottom. Zoomed to Y+1 from a gap up above B-0 as expected. Closed ...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 MORE3DP Odds Table (USDJPY) 2022-05-10Precog Vision – Forex 2021-12-7GBPUSD Oct 17 to Oct 21 OutlookPrecog Vision – Forex 2020-8-11Nasdaq 100 Apr 30 to May 04 OutlookPrecog Vision – Forex 2012-3-233DP Odds Table (USDJPY) 2012-01-09Intraday Cycle Projection (USDJPY) 2023-02-07USDJPY Jul 15 to Jul 19 OutlookPrecog Vision – Forex 2013-7-29
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USDJPY Jul 21 to Jul 25 Outlook
Lawrence’s Comment
Instead of testing Y-1 first, ninja opted for test of Y-0 zone resistance first. That forced a drop in ninja back down to Y-1 later in the week. Closed the week above Y-1 and below midpoint.
Outlook
Inside week with weak close points to proper retest of Y-1 / B-1 is necessary. Reaction there will tell us what’s next.
In rare scenarios, should ninja surges higher above B+1 without a retest of Y-1 / B-1 support, as long as B+1 acts as support, a run to B+3 is likely.
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