Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap News shock sent cable back down to Y-1 and 100% range expansion. Stops were triggered and led to further downside to Y-2 before support is found. Closed the week ...READ MORELawrence's Comment Recap Started the week with bear flag and broken down to Y-2 quickly. That triggered waterfall effect to drop lower as there was no support nearby as explained last week. ...READ MOREWeekly Cycle Projection (USDCAD) 2019-03-043DP Odds Table (USDCAD) 2023-05-02Intraday Cycle Projection (USDCAD) 2013-10-183DP Odds Table (USDCAD) 2018-10-31Intraday Cycle Projection (USDCAD) 2020-04-16GBPUSD Sep 28 to Oct 02 OutlookIntraday Cycle Projection (USDCAD) 2019-01-18S&P 500 Jun 18 to Jun 22 OutlookIntraday Cycle Projection (USDCAD) 2015-06-29Nasdaq 100 Mar 16 to Mar 20 Outlook
As Featured In
USDCAD Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Breakout to the down side. Tagged B-1 downside target. Not quite pullback. More like price shock due to the way gold moved last week. Closed the week near week low and Y-2.
Outlook
Down trend created from the breakout requires Y-1 / B-0 to act as resistance. As long as the resistance is not breached on daily close basis, we should get at least Y-3, the normal inside week breakout target.
Share