Recap Found support near Y-1 and started an up drift back to crime scene last week. Closed the week above Y-0 and midpoint.
Outlook Another pair with inside week formation. Bear flag on 4-hour and higher timeframes. Breaking bear flag support points to continuation sell below Y-1.
For 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 schedule
For 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 schedule
Lawrence's Comment
Recap
Similar to Dow, NQ found support at Y-0 and started another leg higher until Y+2 was tagged. Following the exact same pattern as Dow, NQ pullback to Y+1 to ...
Lawrence's Comment
Recap
Bounced back up in tight range around Y-1 is normal after the sudden wide range reversal. Closed the week above Y-1 and midpoint.
Outlook
As long as Y-1 / ...
AUDUSD Aug 18 to Aug 22 Outlook
Lawrence’s Comment
Found support near Y-1 and started an up drift back to crime scene last week. Closed the week above Y-0 and midpoint.
Outlook
Another pair with inside week formation. Bear flag on 4-hour and higher timeframes. Breaking bear flag support points to continuation sell below Y-1.
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