Trading Edges That Last
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Lawrence's Comment Recap Consolidation week moving around Y+1. Closed the week near Y+1 and midpoint. Outlook Y+1 acting as resistance if give us a test of Y-0 / B-2.READ MORENasdaq 100 Feb 10 to Feb 14 OutlookPrecog Vision – Forex 2019-7-29Weekly Cycle Projection (USDJPY) 2012-06-253DP Odds Table (USDJPY) 2014-06-26Precog Vision – Forex 2013-4-15AUDUSD Sep 18 to Sep 22 OutlookDow 30 Jul 25 to Jul 29 OutlookIntraday Cycle Projection (USDJPY) 2022-06-093DP Odds Table (USDJPY) 2013-03-083DP Odds Table (USDJPY) 2019-10-07
As Featured In
USDJPY Jun 23 to Jun 27 Outlook
Lawrence’s Comment
Pullback to support as expected but failed to clear 50% range once ninja tagged the price where the breakdown started the week before. Closed the week below Y-0 and above midpoint.
Outlook
Inside week with similar close. Trapped between 2 closest price levels. Breakout play of B+1 and B-1 could be tricky as FBO is a feature of the summer. First side taken out has a good chance of being FBO leading to whiplash back to the other end.
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