Trading Edges That Last
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Lawrence's Comment Recap As expected ninja zoomed higher and got the main upside target Y+2. Ninja stalled back down quickly right after. Closed the week below Y+1 and near week low. ...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 MOREPrecog Vision – Forex 2013-3-15Dow 30 Nov 14 to Nov 18 Outlook3DP Odds Table (USDJPY) 2023-05-02Precog Vision – Forex 2020-4-9USDJPY Feb 16 to Feb 20 OutlookIntraday Cycle Projection (USDJPY) 2017-11-23Precog Vision – Forex 2016-3-303DP Odds Table (USDJPY) 2017-09-26EURUSD May 01 to May 05 OutlookNasdaq 100 Jun 04 to Jun 08 Outlook
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Lawrence’s Comment
A pretty perfect week. Y-0 acted as support early in the week sending dollar yen to Y+1, which acted as resistance. Y-0 failed to act on 2nd time as support, we got Y-1 by end of week. Nice swings all the way.
Outlook
A flush is needed to give us a good bottom on weekly. B-1 downto B-2 is close to the long term support area as well. Will see if a flush to B-2 early in the coming week can produce a bottom.
Rally above B-0 will get us an excuse to rally to B+2.
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