Trading Edges That Last
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Lawrence's Comment Recap Y-0 support started a squeeze as expected. Y+1 and Y+2 targets tagged easily. Closed the week above Y+2 and near week high. Outlook Consolidation play until NFP Friday. Shorten ...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 My comments for euro last week did not show up properly. What I was looking for was normal breakout follow through since last week was outside week with close ...READ MORELawrence's Comment Recap Consolidation around Y+1 with 50% range as expected. Closed the week at the week high. Outlook No real weaknesses showing in the chart yet. Sell setup on 4 hours can ...READ MORES&P 500 May 30 to Jun 03 OutlookPrecog Vision – Forex 2017-5-2Precog Vision – Forex 2017-8-4EURUSD Mar 10 to Mar 14 OutlookGBPUSD Oct 22 to Oct 26 Outlook3DP Odds Table (USDCAD) 2014-09-15Weekly Cycle Projection (USDCAD) 2016-10-31GBPUSD Jun 08 to Jun 12 OutlookUSDCAD Nov 08 to Nov 12 OutlookUSDCAD May 28 to Jun 01 Outlook
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USDCAD May 07 to May 11 Outlook
Lawrence’s Comment
Bounced to Y-0. Held above Y-1. And jumped back up to almost Y+1 by end of week as expected.
Outlook
A short term bottom is likely in place. It is important that B-1 stays as support and not breached from here.
Quick zoom to B+2 will help secure the bottom and lift the support zone to B-0.
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