Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap NQ weaknesses let to quick break of Y-0. Since then NQ cannot clear 4700 and dropped to Y-1. When trouble in Asia spread to US, NQ break down to ...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 (USDJPY) 2012-06-133DP Odds Table (USDJPY) 2017-07-183DP Odds Table (USDJPY) 2018-10-24Intraday Cycle Projection (USDJPY) 2022-12-06Nasdaq 100 Apr 08 to Apr 12 OutlookNasdaq 100 Dec 14 to Dec 18 OutlookPrecog Vision – Forex 2019-8-143DP Odds Table (USDJPY) 2019-01-31Intraday Cycle Projection (USDJPY) 2022-08-163DP Odds Table (USDJPY) 2019-07-26
As Featured In
USDJPY Oct 07 to Oct 11 Outlook
Lawrence’s Comment
Gapped below Y-1 to open the week turned Y-0 into resistance. Y-0 capped the attempt to go higher gave us a retest of week low at Y-2. Ninja flushed below Y-2 and opened the door to Y-3. Y-3 tagged at the end. Closed the week below Y-2 and midpoint.
Outlook
A down channel / falling wedge in place. Breaking above B-0 will give us B+1 quickly. As long as B-0 is not breached, looking for more downside in the coming week.
Share