Trading Edges That Last
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Lawrence's Comment Recap Instead of testing Y-1 first, ninja opted for test of Y-0 zone resistance first. That forced a drop in ninja back down to Y-1 later in the week. Closed ...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 MORELawrence's Comment Recap Aussie driven lower in the beginning of the week down to Y-1. Found support there can zoomed to Y+2. 2nd attempt at clearing Y+2 failed and led to a ...READ MOREUSDJPY Jul 21 to Jul 25 Outlook3DP Odds Table (AUDUSD) 2013-09-06S&P 500 May 11 to May 15 OutlookWeekly Cycle Projection (AUDUSD) 2017-08-213DP Odds Table (AUDUSD) 2022-12-16Precog Vision – Forex 2017-5-30Hot n Cold (AUDUSD) 2019-10-43DP Odds Table (AUDUSD) 2012-07-24Intraday Cycle Projection (AUDUSD) 2023-04-27AUDUSD Mar 02 to Mar 06 Outlook
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AUDUSD Feb 10 to Feb 14 Outlook
Lawrence’s Comment
Breakout happened although it is not towards the downside. Same drill with Y+3 normal breakout target tagged and consolidated around that since. Closed the week below Y+3 and above midpoint.
Outlook
Gold spiked higher and Aussie confirmed that. It is producing a very interesting setup.
If gold finds resistance right above and selloff again, Aussie will be forced to drop back down to at least B-1.
If gold can hold the top range from last week while Aussie pullback to B-0, upside breakout of B+1 will give us at least B+3.
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