Recap Breached Y-1 early in the week setup ninja to go down to Y-2 and below. Got that taken care of and then ninja bounced back to new high for the week. Closed the week above Y-1 and midpoint.
Outlook Got the flush expected from last week and now ninja has a wyckoff spring in place. As long as B-0 is acting as support, a rally back to B+2 is expected.
Lawrence's Comment
Recap
The weaknesses observed last week played out well and cable dropped below target Y-1. After 100% absolute range expansion is completed, cable bounced off and closed the ...
For 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 schedule
Lawrence's Comment
Recap
Consolidation week as expected. Flushed to Y-1 and bounced. Failed to hold above Y-0 gave us another chance for the retest. Flushed to close the open gap and bounced. ...
For 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 schedule
USDJPY Sep 23 to Sep 27 Outlook
Lawrence’s Comment
Breached Y-1 early in the week setup ninja to go down to Y-2 and below. Got that taken care of and then ninja bounced back to new high for the week. Closed the week above Y-1 and midpoint.
Outlook
Got the flush expected from last week and now ninja has a wyckoff spring in place. As long as B-0 is acting as support, a rally back to B+2 is expected.
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