Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Tagged my downside target of Y-3 in one quick flush. Then bounced back up at once. By end of the week sellers gave up and Ninja moved back up ...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 Cable ran straight up to Y+2 and then stalled. Then euro zone b.s. kicked in sending it back down to Y-0. Closed the week below midpoint and above ...READ MOREIntraday Cycle Projection (USDJPY) 2020-12-293DP Odds Table (USDJPY) 2017-09-20S&P 500 Feb 12 to Feb 16 OutlookUSDJPY Apr 22 to Apr 26 OutlookForex Intraday Bias: Higher High Pivot FailureIntraday Cycle Projection (USDJPY) 2015-09-18Precog Vision – Forex 2015-5-73DP Odds Table (USDJPY) 2017-05-17Precog Vision – Forex 2019-6-28GBPUSD Dec 10 to Dec 14 Outlook
As Featured In
USDJPY Oct 21 to Oct 25 Outlook
Lawrence’s Comment
Consolidated around Y+1 and then breakout upside failed. That gave us the Y-0 retest. Y-0 tagged eventually. Closed the week above Y-0 and below midpoint.
Outlook
Still bullish on daily but bearish in lower timeframes.
If Y-0 / B-1 fails to support ninja, we will get a breakdown drop to B-2 quickly. Even holding the support area, ninja still has to prove itself by clearing Y+1 swiftly in order to move higher. Measured move target points to B+2 and above.
Share