Trading Edges That Last
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Lawrence's Comment Recap Consolidation around Y+1 with obvious weaknesses as more of the time was spent below Y+1. Closed the week below Y+1 and midpoint. Outlook Potential DT in the making as mentioned last ...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 MORE3DP Odds Table (USDCAD) 2014-05-05GBPUSD May 29 to Jun 02 OutlookPrecog Vision – Forex 2019-2-19EURUSD Jan 21 to Jan 25 OutlookIntraday Cycle Projection (USDCAD) 2013-05-13S&P 500 Oct 29 to Nov 02 Outlook3DP Odds Table (USDCAD) 2012-07-25Precog Vision – Forex 2021-7-27USDJPY Jul 31 to Aug 04 OutlookHot n Cold (USDCAD) 2015-4-3
As Featured In
USDCAD Jul 11 to Jul 15 Outlook
Lawrence’s Comment
The attempted rally from the beginning of the week met with resistance from the week low zone prior to last week. Yet the selloff failed to break below Y-1 to get to our downside target. Closed the week above Y-1 but below midpoint.
Outlook
First half of last week is a form of bear flag pointing to continuation selloff. As long as B-0 upto B+1 acts as resistance, the next likely zone is B-2.
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