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.
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
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
Very nice rally off the support zone mentioned last week. Rally until 100% absolute range expansion completed. Y+2 rejected leading to a drop back down to Y+1. Closed the ...
Lawrence's Comment
Recap
Euro found support after 50% range expansion down to near Y-2. Double bottom on 4 hours produced the low and gave us equal distance run back up above previous ...
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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