Recap 3 Pushes Up top as mentioned last week gave us a clean sell off down to Y-2 and waterfall effect carried ninja lower to below Y-3. Closed the week below Y-3 and near week low.
Outlook The last part of the flush is mainly stop run. A bounce to 123 area is reasonable. Consolidation play around B-1 with reduced range likely.
Lawrence's Comment
Recap
Unlike Dow or ES, NQ has a clean upside breakout setup with Y+1 acting as support early in the week. That points to a move to clear Y+2 and ...
Lawrence's Comment
Recap
Bottoming formation gave us a run from Y-0 to Y+2, yet Y+1 failed to act as support. Closed the week below Y+1 and midpoint.
Outlook
Y+1 failing to hold means the ...
Lawrence's Comment
Recap
Bounced off support zone mentioned last week. Tagged upside targets and consolidated since. Closed the week above Y-0 and midpoint.
Outlook
As explained last week, a complex pullback is ...
Lawrence's Comment
Recap
Aussie slow drift pullback most of the week. Found support at previous year close and took off after NFP report. Closed the week near Y+1 and at week high.
Outlook
As ...
USDJPY Aug 24 to Aug 28 Outlook
Lawrence’s Comment
3 Pushes Up top as mentioned last week gave us a clean sell off down to Y-2 and waterfall effect carried ninja lower to below Y-3. Closed the week below Y-3 and near week low.
Outlook
The last part of the flush is mainly stop run. A bounce to 123 area is reasonable. Consolidation play around B-1 with reduced range likely.
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