Trading Edges That Last
- You May Also LikeFor 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 scheduleREAD MORE
Lawrence's Comment Recap Trapped between Y-0 downto Y-1. Nothing much happened for the pair. Outlook Bottoming formation promising but not in place yet. Must successfully break above B+1 and that turning into ...READ MOREFor 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 scheduleREAD MORELawrence's Comment Recap Consolidated around Y+1 and then breakout upside failed. That gave us the Y-0 retest. Y-0 tagged eventually. Closed the week above Y-0 and below midpoint. Outlook Still bullish on daily but ...READ MORELawrence's Comment Recap The drop early in the week was stronger than expected. It cleared Y-1 and has been pressured below Y-1 since. That gave us Y-3 breakout play. Closed the week ...READ MOREFor 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 scheduleREAD MOREPrecog Vision – Forex 2022-3-10USDJPY Jan 16 to Jan 20 OutlookPrecog Vision – Forex 2011-4-7Intraday Cycle Projection (GBPUSD) 2013-03-21Intraday Cycle Projection (GBPUSD) 2016-12-07USDJPY Oct 21 to Oct 25 OutlookHot n Cold (GBPUSD) 2022-8-19USDCAD Jul 29 to Aug 02 OutlookHot n Cold (GBPUSD) 2012-11-6Precog Vision – Forex 2023-4-13
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GBPUSD Jun 30 to Jul 04 Outlook
Lawrence’s Comment
As mentioned last week, cable has little room for pullback if it is really going higher. Well, the bullish pattern gave cable enough strength to consolidate around Y-0. Closed the week above Y-0 and midpoint.
Outlook
Inside week up close is bullish. Consolidation from up swing is bullish. It gives an edge to upside breakout with B+3 normal target in play.
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