Recap FBO Y+1 is ledge breakout failure. That gave us Y+1 and a slide back down to where the last up leg started. Closed the week below Y-1 and midpoint.
Outlook Strong setup of daily reversal is in place. B-0 / Y-1 resistance for more downside below B-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
Travelled higher to Y+2. Found resistance and moved back down to Y+1. Closed the week above Y+1 and below midpoint.
Outlook
As mentioned last week, Euro somehow loves to rally into ...
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
Overnight ES dropped below 2000 and the buying started right on schedule. The straight up reversal surprised many traders and created a short squeeze later in the week forcing ...
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
EURUSD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
FBO Y+1 is ledge breakout failure. That gave us Y+1 and a slide back down to where the last up leg started. Closed the week below Y-1 and midpoint.
Outlook
Strong setup of daily reversal is in place. B-0 / Y-1 resistance for more downside below B-1.
Share