Trading Edges That Last
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Lawrence's Comment Recap Was looking for resistance at Y+1 going back down to Y-0. We got that and euro was stuck since. Closed the week near Y-0 and below midpoint. Outlook Breaking below B-1 ...READ MORELawrence's Comment Recap Channel breakdown play worked out perfectly with Y-2 target tagged. Closed the week near Y-2 and week low. Outlook Potential weekly down trend in the making. B-0 / Y-1 ...READ MOREDow 30 Aug 26 to Aug 30 OutlookIntraday Cycle Projection (GBPUSD) 2014-11-04Nasdaq 100 Feb 24 to Feb 28 Outlook3DP Odds Table (GBPUSD) 2022-01-24Precog Vision – Forex 2016-11-16EURUSD Apr 21 to Apr 25 OutlookAUDUSD Jul 25 to Jul 29 Outlook3DP Odds Table (GBPUSD) 2013-10-073DP Odds Table (GBPUSD) 2015-06-013DP Odds Table (GBPUSD) 2012-08-22
As Featured In
GBPUSD May 02 to May 06 Outlook
Lawrence’s Comment
Upside breakout of Y+1 confirmed the bullish scenario with Y+2 tagged. Consolidation since. Closed the week near Y+2 and above midpoint.
Outlook
Rising wedge potential means a break of the support line will easily send cable back down to B-1. Cable is entering the highest risk time window now as Brexit vote is too close to ignore. Beware of news shock everyday.
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