Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Pullback over first 2 days and then NFP week pattern took over. Closed the week above Y+1 and midpoint. Outlook Thin rising channels do not last. They are also ...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 MOREGBPUSD Aug 22 to Aug 26 Outlook3DP Odds Table (EURUSD) 2015-05-11S&P 500 Nov 10 to Nov 14 OutlookIntraday Cycle Projection (EURUSD) 2019-08-233DP Odds Table (EURUSD) 2021-04-29Weekly Cycle Projection (EURUSD) 2017-09-04Intraday Cycle Projection (EURUSD) 2018-01-22Precog Vision – Forex 2023-2-23Precog Vision – Forex 2014-7-43DP Odds Table (EURUSD) 2022-03-07
As Featured In
EURUSD May 09 to May 13 Outlook
Lawrence’s Comment
A dirty top was formed after the breakout attempt late in the week failed and resulted in a 1-2-3 sell sending the pair down to Y-2. Closed the week at the low.
Outlook
More weaknesses is expected. Y-1 to B-0 should act as resistance now to establish the down trend. As long as the resistance zone rejects the pair from going higher, we get B-2.
Share