Trading Edges That Last
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Lawrence's Comment Recap Bearish drift to new low below Y-1. Tight range. Closed below midpoint. Outlook To go long we need a confirmed bottom, B+1 has to be taken out with B-0 acting ...READ MOREUSDJPY Mar 05 to Mar 09 OutlookIntraday Cycle Projection (USDCAD) 2022-01-05When One Bot Dominate the Forex MarketsHot n Cold (USDCAD) 2012-2-3Intraday Cycle Projection (USDCAD) 2022-02-223DP Odds Table (USDCAD) 2023-02-15Intraday Cycle Projection (USDCAD) 2012-01-03USDJPY Jul 25 to Jul 29 OutlookGBPUSD Feb 08 to Feb 12 OutlookGBPUSD Apr 24 to Apr 28 Outlook
As Featured In
USDCAD May 11 to May 15 Outlook
Lawrence’s Comment
Y-0 did not act as support at all on first test. This opened the door to Y-1 and the test of Y-1 led to a strong bounce. Closed the week near Y-0 and midpoint.
Outlook
Closing near midpoints means indecision. Y-1 / B-1 confirmed strong support, until proven otherwise, as long as B-0 down to B-1 acting as support, a test of B+1 and B+2 will be in play.
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