Recap Y-0 failed to act as support and turned into resistance. Channel break down led to test of the start of the channel which is Y-2. Found support at Y-2 and bounced. Closed the week below Y-1 and midpoint.
Outlook Y-1 / B-0 strong resistance until proven otherwise. Retest of B-1 likely.
Lawrence's Comment
Recap
Lower timeframe bearishness took Ninja down from FBO at Y-0 down to 100% absolute range expansion. Closed the week below Y-1 and midpoint.
Outlook
Now lower and higher timeframes are aligned. ...
Lawrence's Comment
Recap
Sold off as expected with Dow. Got my target of Y-3. Almost down to 2% pullback / Y-4 too. Consolidated around Y-3 until NFP changed the game. Gap and ...
AUDUSD Sep 28 to Oct 02 Outlook
Lawrence’s Comment
Y-0 failed to act as support and turned into resistance. Channel break down led to test of the start of the channel which is Y-2. Found support at Y-2 and bounced. Closed the week below Y-1 and midpoint.
Outlook
Y-1 / B-0 strong resistance until proven otherwise. Retest of B-1 likely.
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