Trading Edges That Last
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Lawrence's Comment Recap Falling wedge completed with FBO against Y-1 gave us reversal back up to Y+3. Closed the week above Y+2 and near week high. Outlook This reversal is expected and ...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 Inside week consolidation around Y-0. Closed the week below Y-0 and midpoint. Outlook The downside retest of Y-1 has not happened yet so it is still in the card ...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 MOREUSDCAD May 09 to May 13 Outlook3DP Odds Table (EURUSD) 2019-10-07Intraday Cycle Projection (EURUSD) 2017-10-183DP Odds Table (EURUSD) 2021-05-20Weekly Cycle Projection (EURUSD) 2014-10-27Precog Vision – Forex 2019-8-15Precog Vision – Forex 2017-1-25GBPUSD Jan 19 to Jan 23 OutlookPrecog Vision – Forex 2018-7-123DP Odds Table (EURUSD) 2013-01-07
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EURUSD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
The support zone mentioned last week worked out very well. B+1 was taken out quickly as expected too. Consolidation scenario played out like a script.
Outlook
As the support zone was not breached, more upside to B+2 and B+3 is expected.
The more difficult scenario is a grind at B-1 and breaking that slowly. If that happens we will see a difficult ride down to B-2.
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