Trading Edges That Last
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Lawrence's Comment Recap The more interesting scenario happened. Cable held Y-0, breakout of Y+1 and gave us 1.60 and Y+3 in 1 go. Essentially no heat taken. Cannot ask for ...READ MORELawrence's Comment Recap Back to Y-0 quickly as expected. Double bottom on 30-min forced a run to previous week close. No fuel to go higher right after and dropped straight down to ...READ MOREHot n Cold (EURUSD) 2021-5-26Precog Vision – Forex 2020-9-4AUDUSD Jul 18 to Jul 22 OutlookGBPUSD Sep 10 to Sep 14 OutlookUSDCAD Feb 13 to Feb 17 OutlookAUDUSD Dec 24 to Dec 28 OutlookIntraday Cycle Projection (EURUSD) 2011-08-19Intraday Cycle Projection (EURUSD) 2021-03-253DP Odds Table (EURUSD) 2014-04-29Nasdaq 100 Sep 29 to Oct 03 Outlook
As Featured In
EURUSD Jun 17 to Jun 21 Outlook
Lawrence’s Comment
Euro drifted higher around Y+1. Closed the week above Y+1 and midpoint.
Outlook
Completely artificial rally since 3 weeks ago by empty promises from ECB. A tight up channel is visible on 4 hours and 8 hours.
Rallied like cable and keep extending to the upside in a well defined structure cannot continue for a long time. Expects quick snapback down to B-2 once the up channel support line is broken.
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