Trading Edges That Last
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Lawrence's Comment Recap Cable took out Y+2 as expected and stalled at 100% absolute range expansion. 1-2-3 sell on 4 hour sent cable back to where it started. Closed the week below ...READ MORELawrence's Comment Recap As expected the exhaustion run led to a strong pullback. Y-0 did not act as support and led to all out sell off back down to Y-1. Y-1 was ...READ MORELawrence's Comment Recap Rallied to Y-0 early in the week forming a bear flag. Sold off once the bear flag was broken to tbe downside. Y-2 target area reached but not ...READ MOREIntraday Cycle Projection (GBPUSD) 2022-09-22Intraday Cycle Projection (GBPUSD) 2011-06-15USDCAD Dec 12 to Dec 16 OutlookPrecog Vision – Forex 2023-3-16GBPUSD May 04 to May 08 OutlookNasdaq 100 Oct 16 to Oct 20 OutlookUSDJPY Dec 15 to Dec 19 OutlookEURUSD Jun 20 to Jun 24 Outlook3DP Odds Table (GBPUSD) 2019-10-073DP Odds Table (GBPUSD) 2022-11-25
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GBPUSD Mar 21 to Mar 25 Outlook
Lawrence’s Comment
Strong resistance above on higher timeframe gave us a freefall back down to below Y-1. Yet central banks working together turned the move into FBO against Y-1 and slingshot cable back up to Y+1. Closed the week above Y+1 and near week high.
Outlook
Pure surprise move caught majority of players offguard. As long as Y+1 acting as support, a push towards Y+2 and above in play. Y+1 turning into resistance will give us a drop to B-0 and below.
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